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The Assured Income for the Severely Handicapped (AISH) is a provincial program established in 1979 in Alberta, Canada, that provides financial and health related benefits to eligible adult Albertans under the age of 65, who are legally identified as having severe and permanent disabilities that seriously impede the individual's ability to earn a living. [1]
The Alberta Health Care Insurance Plan is the system of tax-funded health insurance for residents of the province of Alberta.. Most residents of Alberta who are either Canadian citizens, permanent residents of Canada, or have refugee status in Canada and who live in Alberta for 183 or more days per year or more and who are not already covered by the health insurance plan of another province ...
[7] [8] About 65-75 percent of Canadians have some form of supplementary health insurance related to the aforementioned reasons; many receive it through their employers or use secondary social service programs related to extended coverage for families receiving social assistance or vulnerable demographics, such as seniors, minors, and those ...
LAPP, formerly known by its expanded acronym, the Local Authorities Pension Plan, is the largest pension plan in Alberta and the seventh largest in Canada. With 291,259 members and $58.7 billion in assets (2022), LAPP is a multi-employer jointly sponsored [3] defined benefit pension plan. Dedicated to helping every member retire with dignity ...
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Advocacy issues related to finance include the continued stability of the Canada Pension Plan (CPP), the elimination of mandatory withdrawals from Registered Retirement Income Funds (RRIFs), and increased amounts for seniors living in poverty through the Guaranteed Income Supplement (GIS) and enhancement of the CPP survivor benefit.
In the province of Alberta, "supportive living" is the distinct phrasing used for a type of care that is otherwise synonymous. The province's Supportive Living Accommodation Licensing Act is a comprehensive act with specific prescriptions governing care homes licensing, inspections, and more.
Defined benefit plans guarantee a specific retirement benefit to plan members, based on a formula that takes into account factors such as the member's years of service and earnings history. These plans are typically funded by contributions from both the employer and the employee, and are managed by professional investment managers.
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