Sentences with phrase «considered pensionable»

In Shaw v. Healthcare of Ontario Pension Plan, the question at issue was whether retention bonuses promised to an employee should be considered pensionable earnings under his pension plan.

Had the retention bonuses been considered pensionable, they would have resulted in a pension benefit much higher than the value of the contributions, resulting in a funding deficit.

Not exact matches

If those payments were considered to be pensionable, Mr. Shaw would contribute 9.6 per cent, or $ 45,600, to the Plan.