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How does saving 50 days vacation for retirement increase my pension?

April 26, 2017days increase Pension retirement Saving vacation

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How does saving 50 days vacation for retirement increase my pension?

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At retirement, any remaining vacation time (maximum 50 days) is deemed Pensionable Earnings when it is paid out to the member. Pension contributions will be deducted from the vacation pay and the vacation pay is added to the final years earnings. This may increase your monthly pension at retirement.