Don’t wait until it’s too late! Retirement planning starts now! (formally: Civilian Employees: Are you thinking about retirement?)

November 20, 2020 - Defence Stories

Don't wait until it's too late! Retirement planning starts now.
 

Planning for retirement is an exciting event; it is a time to make important decisions that will impact the rest of your life. It is never too early to start planning for retirement. Ideally you should start planning 10 years out, to align your financials and investments as you prepare to retire.

The new DND retirement toolkit is intended to provide you with comprehensive instructions and information, including a variety of tools and products to help you choose the pension option that is right for you. We invite you to review the toolkit on the HR-Civ intranet website (link only accessible on the DND network) and on the HR Go RH mobile app, to help you prepare for retirement and learn how to initiate the process. Follow this menu path on the HR Go RH mobile app: Working at DND > Retirement Planning.

We recommend keeping an eye out for pre-retirement courses and educate yourself on an ongoing basis at the 10, 5, and 1 year marks to ensure you are planning ahead, making the best decisions for your future. Please note that to receive your final pay and your first pension cheque on time, your retirement notice must reach the Pay Centre no later than 6 months before your retirement date.

We are here to help with these crucial financial decisions. For personalized support on preparing your notice, contact an HR Advisor via HR Connect RH at 1-833-747-6363. For assistance in selecting the most appropriate retirement date, you can contact the Pension Centre at 1-800-561-7930.

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