this post was submitted on 01 Apr 2026
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Canada Post pension maxes out at 35yrs, and you get hit with major deductions if you retire before 60 even with 30 years. Otherwise its 65 yrs for retirement. https://www.cpcpension.com/homepage/triage_glossary-e.asp#Pensionable-age
This is not dissimilar to any other DB pension.
The pension value is, again, similar to every other pension I've seen (AMAPCEO, OPS, etc). If someone can retire early and"like a millionaire" (which is a super outdated valuation), either their spouse has a good pension too, they made smart financial choices, or they got lucky with choices.
In comparison to every other modern country, our nationalized mail service does extremely well and is run **very **efficiently. Like top 1 or 2 in the world well. Source
We shouldn't be simping for multinational corps who manage to get away with rock bottom delivery pricing by underpaying staff and claiming "this is efficiency".
Let's not forget also that if you live in a remote location, and somebody sends a parcel to you via UPS or one of the other private carriers, Canada Post is the one who gets it to the door (or local post office, if it's a really small town).
It's not profitable to get out there, but Canada Post must. The other carriers get to take a profit while forcing CP to take the loss.