Sentences with phrase «insolvent employers»

Complaints against insolvent employers (i.e., an organization that does not have enough assets to cover its debts, or is unable to pay its debts as they become due) are still handled through the Ministry of Labour.

These focus on raising the threshold below which remission can be claimed, abolishing the fee for claims involving insolvent employers and the National Insurance Fund (s188 ERA) or claims under the Pensions Schemes Act 1993.

Bankruptcy and CCAA proceedings, on behalf of unions and employees of insolvent employers.

You most need to worry about your pension when an insolvent employer is winding up a plan that's in deficit, says Scott Clausen, professional leader for Canada for retirement, risk and finance at Mercer.

So, for example, the ceiling for the unfair dismissal compensatory award rises from # 58,400 to # 60,600 and a week's pay, used to calculate redundancy payments, the unfair dismissal basic and elusive additional awards and the state's liability to settle wages owed by an insolvent employer, is up from # 290 to # 310.

A week's pay — the tool for calculating redundancy payments, the unfair dismissal basic and additional awards and the state's liability to settle wages owed by an insolvent employer — rises for # 310 to # 330.

The Government has also removed with effect from 31 January 2017 fees in three specified types of proceedings where employees, usually of insolvent employers, seek payments out of the National Insurance Fund including redundancy payments.

In Downtown Eatery (1993) Ltd. v. Ontario, 2001 CanLII 8538 (ONCA) the Ontario Court of Appeal allowed a dismissed employee to rely upon the oppression remedy to successfully claim damages against the former directors of his insolvent employer.

Benefits Canada has reported on a Quebec Superior Court decision that calls into question the effectiveness of pension protections granted by provincial legislation in situations where an insolvent employer is being liquidated under the federal Companies» Creditors Arrangement Act (CCAA).

In particular, the Advocate General agrees that (except in cases of abuse) EU law entitles every employee of an insolvent employer to receive at least half of the total value of their accrued pension benefits, including any indexation benefits.

In a judgment handed down today, 28 July 2016, the Court of Appeal has decided to refer questions to the EU Court of Justice on whether limitations on the compensation paid by the Pension Protection Fund (PPF) to former employees of insolvent employers are consistent with Directive 2008 / 94 / EC (the Insolvency Directive).