Sentences with phrase «employer going bankrupt»
For example, keeping gold in a personal stash at home vs your employer going bankrupt if you are working for a large firm.
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For example, you may assign a 1 on your employer going bankrupt and a 2 or 3 on being burglarized.
Even in a worst - case scenario — where there's a large pension shortfall and your employer goes bankrupt — your risk is limited to the extent of the shortfall.
The Wage Earner Protection Program (WEPP) under the Bankruptcy and Insolvency Act provides guaranteed and timely payment of unpaid wages, vacation pay (on or after July 7, 2008), as well as unpaid severance and termination pay to eligible workers (on or after January 27, 2009) whose employers go bankrupt or are in receivership, up to an amount equalling four weeks maximum insurable earnings under the Employment Insurance (EI) Act (currently about $ 3,000).
OTTAWA — Canadian workers have finally won new legal protection for their wages and their pension contributions when their employer goes bankrupt.
Not exact matches
The good news for employers is that not all of these benefits are going to bankrupt you.
In America, half the employee stock ownership plans (ESOPs) have gone bankrupt, mainly by being grabbed by the corporate employers.
since the Corrinthian colleges went bankrupt my certificate is looked at as no good by employers.
If you lost your job because your employer went into liquidation or went bankrupt from 5 December 2012, then you may be able to make a claim through the Fair Entitlements Guarantee (FEG).
For example, if both spouses agreed (in the prenup) to keep their respective employee stocks separate and that neither would pay alimony in the event of a divorce, but 25 years later (at the time of divorce) one spouse's employer had gone bankrupt and he or she was out of work with no income, while the other spouse had become a multi-millionaire as a result of the employer's widely successful IPO — a court may find that the 25 - year - old agreement prohibiting any alimony is too unfair to enforce.