In a report earlier this year, the think tank estimated the cost of
federal employee pension plans is more than $ 100 billion higher than the government says it is because Ottawa is underestimating the future costs.
The Institute also proposes changes to
federal employee pension plans and other post-retirement benefits.
Not exact matches
The
federal and provincial governments are in talks to introduce the Pooled Registered
Pension Plan (PRPP), which is targeted at self - employed individuals and employees without pension plans at small - to medium - sized busi
Pension Plan (PRPP), which is targeted at self - employed individuals and
employees without
pension plans at small - to medium - sized busi
pension plans at small - to medium - sized businesses.
A simple warning to all companies that provide
employees with some type of
pension plan or health, welfare, or fringe benefits: don't mess up
federal reporting requirements or you'll face hefty late - filing penalties.
We do support, however, changes to the funding and management of the
federal employees»
pension plans, including the move to more equitable contribution rates, changes in retirement provisions for new
employees, among others.
Almost all
federal workers today participate in a hybrid retirement
plan, which itself replaced an outdated
pension system and has provided
employees with secure, portable retirement benefits.
In 2013, she published a law review article in the ABA Journal of Labor and Employment Law titled «
Federal Regulations of State Pension Plans: The Governmental Plan Revisited,» which explored the impact of federal rulemaking on the eligibility of quasi-public entities to offer state pension benefits to their emp
Federal Regulations of State
Pension Plans: The Governmental Plan Revisited,» which explored the impact of federal rulemaking on the eligibility of quasi-public entities to offer state pension benefits to their emp
Pension Plans: The Governmental
Plan Revisited,» which explored the impact of
federal rulemaking on the eligibility of quasi-public entities to offer state pension benefits to their emp
federal rulemaking on the eligibility of quasi-public entities to offer state
pension benefits to their emp
pension benefits to their
employees.
PBGC is a
federal agency created by the
Employee Retirement Income Security Act of 1974 (ERISA) to protect
pension benefits in private - sector defined benefit
plans - the kind that typically pay a set monthly amount at retirement.
While
federal and provincial leaders debate how to solve the
pension crisis during meetings in Whitehorse this week, an interesting proposal has been suggested by the head of Ontario's municipal workers
pension plan: let anyone join a government
employee pension plan.
Lately, it's been getting a bit of interest because some parties see it as a threat to much - loved Defined Benefit (DB)
pension plans for
federal government workers and Crown Corporation
employees, (such as Canada Post, CBC, Via Rail, etc.).
The changes come as the C.D. Howe Institute raises questions about the burden of the
federal government's
employee pension plans.
Pension retirement income for
employees with these
federal plans is often fixed, regardless of the
plan's market performance.
1974: Associate William Parsons Jr. assists on the creation of the
Employee Retirement Income Security Act (ERISA), a new law, which brings about
Federal regulation of
pension plans.
If a court wants to transfer certain kinds of federally regulated retirements assets titled in the name of one spouse to another spouse in the course of a divorce, this is only effective if the Court follows the exacting requirements of a «qualified domestic relations order» (similar requirements apply to both
federal government
employee benefits and to private
pension plans governed by ERISA which is a
federal law with broad pre-emptive effect over private
pension law).
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