Phrases with «retiring allowance»

A retiring allowance refers to a sum of money or financial benefits that are provided to an employee when they retire from their job. It is a form of compensation or reward for their service and contribution to the organization. The retiring allowance may include various elements such as severance pay, accumulated vacation or sick leave, and pension benefits. Full definition

allowance (parent phrase)

retiring allowance

Sentences with «retiring allowance»

If she has worked for her employer since prior to 1996, there may be special «eligible retiring allowance» rules that allow extra contributions to her RRSP beyond her regular RRSP room. (moneysense.ca)
Some employers offer long service employee's retiring allowances at the end of the employment relationship. (employmentlaw101.ca)
Note that CPP, OAS and GIS payments do NOT help generate the pension credit, nor do retiring allowances or lump - sum withdrawals from RRSPs. (moneysense.ca)
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Phrases with «retiring allowance»

Sentences with «retiring allowance»

See also