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Canada Pension Plan (2 C, 2 P) O. OMERS (1 C, 12 P) Pages in category "Public pension funds in Canada" The following 13 pages are in this category, out of 13 total.
The Old Age Security (OAS, French: Sécurité de la vieillesse) program is a universal retirement pension available to most residents and citizens of Canada who have reached 65 years old. This pension is supplemented by the Guaranteed Income Supplement (GIS), which is added to the monthly OAS payment for seniors with lower incomes.
The Canada Pension Plan (CPP) forms the backbone of Canada's national retirement income system. All those employed aged 18 or older (and their employers) must contribute a portion of their income (matched by their employers) into the CPP or, for Quebec residents, the Quebec Pension Plan (QPP).
Ontario regulates approximately 8,350 employment pension plans, which comprise more than 40 per cent of all registered pension plans in Canada [1] It was originally enacted as the Pension Benefits Act, 1965 (S.O. 1965, c. 96), and it was the first statute in any Canadian jurisdiction to regulate pension plans. [2]
The Canada Pension Plan (CPP; French: Régime de pensions du Canada) is a contributory, earnings-related social insurance program. It is one of the two major components of Canada 's public retirement income system, the other being Old Age Security (OAS).
Discussions revolve around the sustainability of pension plans, the adequacy of retirement savings, and the need for financial security in old age. Governments explore innovative models, such as phased retirement and pension reforms, to ensure that seniors can maintain a decent standard of living during their retirement years.
Quebec Pension Plan (QPP) (French: Régie des Rentes du Québec; RRQ) 106.8 Government and Public Employees Retirement Plan 83.3 Supplemental Pension Plan for Employees of the Québec Construction Industry 28.5 Commission de la Santé et de la Sécurité du Travail (CSST), Québec's occupational safety and health agency 19.3
A letter sent to Canadian pensioners in July 2011 from the Nortel pension administrator Morneau Shepell announced that pensioners in Canada would have their benefits cut. A webinar held by the legal firm Koskie Minsky on July 22, 2010, addressed some of the questions raised. [19] The windup of the $5 billion Nortel pension plan began in October ...