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Frigging disgusting treatment of nurses in Canada

D

DWW

Platinum Member
Well I figured this belonged in P&N more than anywhere else...

My mom was showing me the pension paperwork from 2001, 2002, and 2003. Each year the pension for the nurses dropped (in Ontario Canada) for the 65 year old bracket. In 2001 it was $1700 and change and in 2003 it ended up at around $1300 and change.

Not many things really disgust me but taking money from people who've put towards it all their life is pretty aweful especially when it is their RETIREMENT money for what they've worked and planned to do when they were done working and breaking their backs.

Making old people eat Alpo dog food, one day at a time :roll:

Luckily my father has done well in life so that they can sustain off of his assets and she is retiring at 55 not 65--but those nurses who work to 65 (which is pretty hard work lifting fatasses at their age) deserve it more than anyone.
 
Originally posted by: DWW
Well I figured this belonged in P&N more than anywhere else...

My mom was showing me the pension paperwork from 2001, 2002, and 2003. Each year the pension for the nurses dropped (in Ontario Canada) for the 65 year old bracket. In 2001 it was $1700 and change and in 2003 it ended up at around $1300 and change.

Not many things really disgust me but taking money from people who've put towards it all their life is pretty aweful especially when it is their RETIREMENT money for what they've worked and planned to do when they were done working and breaking their backs.

Making old people eat Alpo dog food, one day at a time <img src="i/expressions/anim_roller.gif" border="0">

Luckily my father has done well in life so that they can sustain off of his assets and she is retiring at 55 not 65--but those nurses who work to 65 (which is pretty hard work lifting fatasses at their age) deserve it more than anyone.
Click to expand...

I agree. In this country though, less and less people will actually ever receive a pension. Companies have started getting into the habit of laying off employees nearing retirement status. Very disheartening to say the least.
 
The really crappy part is that, (someone correct me if I'm wrong) with all the boomers (and I think Canada has a higher % of them), its the young people carrying their pensions. The so-called "money" that was put away from them just paid for the generation before them. Now any surplus is going to be totally killed after the coming generation of retirees and I should look forward to nothing.

While young people can and should invest into other means with their money like RRSPs and the like (you would be stupid not to), it doesn't justify that what THEY put into all their life--they won't get squat from.

If governments end up giving pensions to these people it will put them into massive debt as they will still be recovering from the boomer generation pensions in years to come.
 
Originally posted by: Darkhawk28
<blockquote>quote:
<hr><i>Originally posted by: <b>DWW</b></i>
Well I figured this belonged in P&amp;N more than anywhere else...

My mom was showing me the pension paperwork from 2001, 2002, and 2003. Each year the pension for the nurses dropped (in Ontario Canada) for the 65 year old bracket. In 2001 it was $1700 and change and in 2003 it ended up at around $1300 and change.

Not many things really disgust me but taking money from people who've put towards it all their life is pretty aweful especially when it is their RETIREMENT money for what they've worked and planned to do when they were done working and breaking their backs.

Making old people eat Alpo dog food, one day at a time <img src="i/expressions/anim_roller.gif" border="0">

Luckily my father has done well in life so that they can sustain off of his assets and she is retiring at 55 not 65--but those nurses who work to 65 (which is pretty hard work lifting fatasses at their age) deserve it more than anyone.<hr></blockquote>

I agree. In this country though, less and less people will actually ever receive a pension. Companies have started getting into the habit of laying off employees nearing retirement status. Very disheartening to say the least.
Click to expand...


One should never trust someone else to fund your retirement. That includes trusting the goverment to fund you retirment.
 
Originally posted by: charrison
<blockquote>quote:
<hr><i>Originally posted by: <b>Darkhawk28</b></i>
<blockquote>quote:
<hr><i>Originally posted by: <b>DWW</b></i>
Well I figured this belonged in P&amp;N more than anywhere else...

My mom was showing me the pension paperwork from 2001, 2002, and 2003. Each year the pension for the nurses dropped (in Ontario Canada) for the 65 year old bracket. In 2001 it was $1700 and change and in 2003 it ended up at around $1300 and change.

Not many things really disgust me but taking money from people who've put towards it all their life is pretty aweful especially when it is their RETIREMENT money for what they've worked and planned to do when they were done working and breaking their backs.

Making old people eat Alpo dog food, one day at a time <img src="i/expressions/anim_roller.gif" border="0">

Luckily my father has done well in life so that they can sustain off of his assets and she is retiring at 55 not 65--but those nurses who work to 65 (which is pretty hard work lifting fatasses at their age) deserve it more than anyone.<hr></blockquote>

I agree. In this country though, less and less people will actually ever receive a pension. Companies have started getting into the habit of laying off employees nearing retirement status. Very disheartening to say the least.<hr></blockquote>


One should never trust someone else to fund your retirement. That includes trusting the goverment to fund you retirment.
Click to expand...


I agree, that's why I referenced work pensions rather than SS or personal investments.
 
Originally posted by: DWW
The really crappy part is that, (someone correct me if I'm wrong) with all the boomers (and I think Canada has a higher % of them), its the young people carrying their pensions. The so-called "money" that was put away from them just paid for the generation before them. Now any surplus is going to be totally killed after the coming generation of retirees and I should look forward to nothing.

While young people can and should invest into other means with their money like RRSPs and the like (you would be stupid not to), it doesn't justify that what THEY put into all their life--they won't get squat from.

If governments end up giving pensions to these people it will put them into massive debt as they will still be recovering from the boomer generation pensions in years to come.
Click to expand...

Our public pension fund (CPP) is in pretty good shape. Although anyone who thinks that it is paid for by savings and not current funds is living in a dream, in the current structure, it should be sustainable. This is as long as we maintain a reasonable amount of immigration, and a decent rate of annual economic growth.

Private pensions, however, are another story. Unions have a lot less power to protect these than they did in the past.
 
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