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OPTrust, officially the OPSEU Pension Trust, [2] is a legal trust formed by the contractual agreement between the two plan sponsors, Ontario Public Service Employees Union and the Government of Ontario. [3] It manages one of Canada's largest pension funds and administers the OPSEU Pension Plan. [4]
A sunshine list is a listing of salary, benefit and severance information. [1] Its colloquial name refers to the goal of illuminating government expenditures. [2] In Canada, the list is commonly used for example by provincial or municipal governments to identify any publicly employed person making CA$100,000 salary or higher. [3]
The Ontario Municipal Employees Retirement System [3] (OMERS) is a Canadian public pension fund, headquartered in Toronto, Ontario.OMERS is a defined benefit, jointly sponsored, multi-employer public pension plan created in 1962 by Ontario provincial statute to administer retirement benefits and manage pension investment funds of local government employees in the Canadian province of Ontario.
The new version of the benefits calculator requires less input from the user by making use of the Social Security database to determine past wages. New Social Security benefit calculator Skip to ...
The Employee Retirement Income Security Act (ERISA) keeps your money safe from creditors and bankruptcy court, as long as you have a qualified account. Qualified plans include pensions ...
On February 8, 2010, NRPC announced it reached an agreement (awaiting court approval) with Nortel in which Nortel would advance $57 million to fund medical and life insurance benefits for some Canadian pensioners and their survivors, and provide long-term disabled employees with wage-replacement, medical and life insurance benefits until ...
Employees and employers would each contribute 1.9 per cent of an employee's income up to a maximum of $90,000 of income per year. Employees who have either an employer-sponsored defined benefit pension plan , or a defined contribution pension plan which requires contributions of at least 8% of pay (half provided by the employers), will be ...
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