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  • hangook77
  • The Legend

    • 2619

    • September 14, 2017, 09:10:12 am
    • Near Busan
Re: Talk me out of moving to Saskatchewan.
« Reply #60 on: December 29, 2020, 12:55:27 pm »
That was the rumour, but as has been mentioned here no one has been able to find proof of that, NPS has said that it isn't the case, and someone above said they knew someone who cashed out after more than ten years, so all signs are pointing to it not being accurate.  If you have proof of it being locked in after 120 months, please share it.  It's important info to North Americans, at least. 

Wouldn't it be important info to all people and not just Canadians and Americans?  Though as I understand it, Korea doesn't even deduct or offer pension at all to South Africans.  (It really sucks for them unless they are just here for a year or two.)  Some other countries, it gets deducted but they can't or didn't use to be able to cash it out at all.  (Though that may have changed now.  Aussies?)  As far as I know, North Americans, at least, always had the choice of cashing it out or keeping it in to build it up and collect a pension when we are old. 


  • KoreaBoo
  • Expert Waygook

    • 602

    • May 25, 2014, 04:00:42 pm
    • Vancouver Island
Re: Talk me out of moving to Saskatchewan.
« Reply #61 on: December 29, 2020, 01:02:25 pm »
I grew up in B.C., went to uni and worked in Alberta, Manitoba and Ontario.

(Was delusioned about Vancouver. Will consider Victoria as the default option.)

Regina looks affordable and different enough to pique my interest. Or,.... Montreal?

If you have info on a cool Mexican locale or the like then spill the chili. Us Canucks can only stay 6 months in Mexico though, 6 months in the U.S.; i ain't against border hoppin'!

If you have a nice home and can pay you bills, you can make anywhere comfortable.  Be it SK, AB, or BC.   Make your home comfortable, sustainable and affordable.  If the cost of living in SK can give you this, I fully support you living there.


  • OnNut81
  • Hero of Waygookistan

    • 1621

    • April 01, 2011, 03:01:41 pm
    • Anyang
Re: Talk me out of moving to Saskatchewan.
« Reply #62 on: December 29, 2020, 02:04:20 pm »
Wouldn't it be important info to all people and not just Canadians and Americans?  Though as I understand it, Korea doesn't even deduct or offer pension at all to South Africans.  (It really sucks for them unless they are just here for a year or two.)  Some other countries, it gets deducted but they can't or didn't use to be able to cash it out at all.  (Though that may have changed now.  Aussies?)  As far as I know, North Americans, at least, always had the choice of cashing it out or keeping it in to build it up and collect a pension when we are old. 

It may be, but I can only speak for Canada and the U.S. because I know that they can get a lump sum refund.  I'm not sure about other countries.  So, if it was locked in after 120 months I know that would be a good thing for North Americans to know. 


  • KimDuHan
  • Hero of Waygookistan

    • 1357

    • January 15, 2015, 11:48:59 am
    • Seoul
Re: Talk me out of moving to Saskatchewan.
« Reply #63 on: December 30, 2020, 04:30:51 am »
Doesn't Calgary have a high unemployment rate the last few years?

Calgary has potential more than anywhere in Saskatchewan. The current pandemic has hurt everything everywhere.

Again if you have family in Saskatchewan or a job lined up go for it. Many people in Saskatchewan are unemployed. Living in a small city like Regina or Saskatoon is not for many.


  • VanIslander
  • Moderator LVL 1

    • 2187

    • June 02, 2011, 10:12:19 am
    • Seogwipo, Jeju Island
    more
Re: Talk me out of moving to Saskatchewan.
« Reply #64 on: December 30, 2020, 07:13:50 am »
Living in a small city like Regina or Saskatoon is not for many.
LOL. If anything, I'm concerned that they may be bigger than ideal.

I grew up in communities ranging from 12,000 to 80,000.

I haven't chosen to work in any cities in Korea. Geoje, Hadong, Geochang and Seogwipo on Jeju.

I have little interest in LIVING in cities with subways. I do like visiting Busan and Montreal.

I think living in a town about 60 minutes from a city is ideal.


  • pkjh
  • Hero of Waygookistan

    • 1938

    • May 02, 2012, 02:59:44 pm
    • Asia
Re: Talk me out of moving to Saskatchewan.
« Reply #65 on: December 30, 2020, 07:51:48 am »
Calgary has potential more than anywhere in Saskatchewan. The current pandemic has hurt everything everywhere.

Again if you have family in Saskatchewan or a job lined up go for it. Many people in Saskatchewan are unemployed. Living in a small city like Regina or Saskatoon is not for many.
In the last two-ish decades Saskatchewan has been booming, particularly in the potash, and oil sectors. In the 30s I believe Saskatchewan was the largest province in Western Canada by population, now it's the smallest. From the 1930s to 2000, almost 70 years, Saskatchewan's population flatlined in that 900,000 range. In the last 2 decades it's seen it's first real population growth finally breaking over a million people.

Growing up in Calgary, you befriend a lot of people with roots in Saskatchewan, and they love crapping on it. Saskatchewan, and Manitoba, does have a rep for having high property crime. Expect your car, or your home, to be vandalized more often then in the rest of Canada. Also, from my understanding, the relations between the native, and the wider community, isn't great. Not saying it's that great in the rest in Canada, but Manitoba, and Saskatchewan, in particular it's supposedly a lot more noticeable.

Also, in other cities the minority population you'll notice are Asians, but in Saskatchewan, you'll notice the native population as opposed to other cities in Canada where they aren't really that noticeable.


  • hangook77
  • The Legend

    • 2619

    • September 14, 2017, 09:10:12 am
    • Near Busan
Re: Talk me out of moving to Saskatchewan.
« Reply #66 on: December 30, 2020, 08:21:46 am »
It may be, but I can only speak for Canada and the U.S. because I know that they can get a lump sum refund.  I'm not sure about other countries.  So, if it was locked in after 120 months I know that would be a good thing for North Americans to know. 

Fair enough.  Left mine in so I can get something each month when I am old.  Though there is still another form of severance - pension that can be cashed out.  I use to cash it out yearly, but think around 2012, the government put a stop to that.  Another type of pension severance.  A friend cashed his out this past summer for a housing deposit.  Apparently the one exception they will let you use for.  But, he did say the government does pay some interest on it.  (A kind of forced savings.)  Though I do still get the renewal allowance every years.   


  • OnNut81
  • Hero of Waygookistan

    • 1621

    • April 01, 2011, 03:01:41 pm
    • Anyang
Re: Talk me out of moving to Saskatchewan.
« Reply #67 on: December 30, 2020, 08:31:26 am »
Fair enough.  Left mine in so I can get something each month when I am old.  Though there is still another form of severance - pension that can be cashed out.  I use to cash it out yearly, but think around 2012, the government put a stop to that.  Another type of pension severance.  A friend cashed his out this past summer for a housing deposit.  Apparently the one exception they will let you use for.  But, he did say the government does pay some interest on it.  (A kind of forced savings.)  Though I do still get the renewal allowance every years.   

Nothing wrong with keeping it in.  I just worry about the won too much to let it sit.  What will it be worth when I retire in a leading currency?  Anyways, it's good to have options.  I was being serious about sharing if you have proof about it being locked in after 120 months.  I always thought that was true until I realised the only places I had ever heard were here or on Dave's.  So, the more info shared the better.