Sentences with phrase «because pension coverage»

Registered pension plans (RPPs) 1 are an important consideration in this regard, both because they are a central component of Canada's retirement income system and because pension coverage and pension characteristics have undergone changes in recent years.

Not exact matches

Numerous studies contend a growing number of middle - income workers will not be able to replace the benchmark 60 % to 70 % of their pre-retirement income once they leave the labour force, in large part because of the lack of pension coverage.

However, public pensions in states without Social Security coverage offer more generous benefits because they were designed as a stand alone benefit.

The pension coverage may be tweaked to receive lump - sum payouts in the event of critical ailments or disabilities because of accidents.