Not exact matches
While
employers would be required to pay one half of the cost of the modest premium increase required to finance an enhanced CPP, companies which sponsor defined benefit
pension plans would not face additional costs since the great majority of these
plans are fully
integrated, meaning that they would pay out less as CPP benefits were increased.
In reality, there will, as Kesselman argues, be reduced
employer and employee contributions to
pension plans fully
integrated with the CPP as is the case with the vast majority of
employer sponsored
plans.
If your company
pension plan is
integrated, whenever you get
pension income estimates from your
employer don't double - count your CPP benefits.