Human Resources 101

Phased RetirementThe Income Tax Regulations currently prohibit phased retirement arrangements by preventing employees from accruing pension benefits under a defined benefit registered pension plan if they receive a pension from the plan of the same or a related employer.
The Budget proposes to permit an employer to simultaneously pay a partial pension to an employee and […]

Federal and provincial Ministers of Finance, as joint stewards of the Canada Pension Plan (CPP), today announced the conclusion of their triennial financial review of the CPP.
The review confirms that the CPP is on sound financial footing. “Our analysis suggests that the 9.9 per cent contribution rate will be sufficient to sustain the Plan into […]