Governments, start your recruitment campaigns

TV campaigns feature Alberta civil servants, B.C. forgives student loans for government service
By Judith MacBride-King
|Canadian HR Reporter|Last Updated: 10/03/2007

Despite the fact a small but growing number of older, more experienced workers are remaining in the workforce, the average retirement age has dropped over the past several years. And, thanks in large part to generous defined benefit pension plans, Canadians who work for the public sector tend to retire at an even earlier age than their private-sector counterparts.

Between 2000 and 2005, the average age of retirement for public-sector employees was 59, according to a recent report from the Canadian Federation of Independent Business. That’s three years earlier than the average age of 62 for private-sector employees.

In 2008, 35 per cent of the federal public service is eligible to retire. By 2015, 45 per cent of managers in British Columbia’s civil service will be eligible to retire and, by 2013, 20 per cent of all of New Brunswick’s civil service will be able to pack it in.