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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).
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.
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employment pension plans, which comprise more than 40 per cent of all registered pension plans in Canada [1] It was originally enacted as the Pension Benefits Act, 1965 (S.O. 1965, c. 96), and it was the first statute in any Canadian jurisdiction to regulate pension plans.
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.
By Jeff Karoub DETROIT -- General Motors Co. plans to freeze its U.S. pension plan for longtime white-collar workers and give all salaried employees annual bonuses but not pay raises in an effort ...
The Caisse de dépôt et placement du Québec (French pronunciation: [kɛs də depo e plasmɑ̃ dy kebɛk], CDPQ; English: Quebec Deposit and Investment Fund) is an institutional investor that manages several public and parapublic pension plans and insurance programs in the Canadian province of Quebec.