Sentences with phrase «of pensionable»

According to the employment tribunal, Mr Walker's civil partner was entitled to a pension calculated on the same basis as for a spouse, taking account of all pensionable service.
The court looked at the funding effect on the plan of having these bonus payments included as part of pensionable earnings.
The first defendant identified three possibilities in respect of the application of s 73 (3)(b) to such a situation: (i) no entitlement to payment of pension or other benefit had arisen at all; (ii) entitlement to payment of the member's Barber window benefits only had arisen; and (iii) entitlement to payment of the whole of his benefits, including his Barber window benefits and benefits in respect of any pensionable service before and after the Barber window, had arisen.
The Court also took into consideration that there would be a loss of pensionable benefits for the Plaintiff from the age of 60 to the age of 65.
[67] There is also a loss of pensionable benefits in the five years from age 60 to age 65 when the plaintiff would likely not contribute but could otherwise have been expected to contribute and to retire at that age, but for the accident.
by the end of 2023, CPP contributions will rise by 1 % (to 5.95 % of pensionable earnings) for both employers and employees;
income replacement benefits will increase from one - quarter (25 %) to one - third (33 %) of pensionable earnings or from the current maximum of $ 13,110 to approximately $ 27,000 per annum.
If she does not have pensionable income such as a lifetime company pension or annuity then the pension credit on up to $ 2,000 annually of pensionable income is not being used.
CPP Maximum 2011 2011 CPP Rates The CPP Rate, effective January 1, 2011, remain unchanged at 4.95 % of pensionable earnings.
The CPP Rates, effective January 1, 2013, forecast to remain unchanged at 4.95 % of pensionable earnings.
Currently, the CPP plan pays out about 25 per cent replacement benefits on up to $ 51,100 of pensionable earnings, resulting in a maximum annual benefit of $ 12,150.
Because it is aimed at the middle class, the Sheridan plan calls for no changes in either benefits or contribution rates for employees on the first $ 25,500 or so of pensionable earnings.
Even after CPP is fully expanded, it will cover off only about a third of your working income (a rise from 25 % of pensionable earnings which it has been doing).
Setting a clear cost ceiling for public service pension schemes - the proportion of pensionable pay that taxpayers will contribute to employees» pensions - with automatic stabilisers to keep future costs under more effective control;
Imagine someone of pensionable age who has paid 45 years of national insurance contributions having their state pension automatically suspended because they've disappeared from the electoral roll.
There is something very odd in men of pensionable age taking up with younger women and something even odder and rather irresponsible in them having children.
A number of provinces have made proposals to enhance the CPP, involving the increasing of pensionable benefits, financed through higher employee and employer contribution rates.
For the self - employed, the contribution rate would be 3.6 per cent of pensionable earnings, as they were to pay both employee and employer shares.

Not exact matches

This led to an increase in the Ontario Government's matching contribution from 8.9 % to 12 % of income above maximum pensionable earnings under the CPP.
Retirement benefits would be 25 per cent of the average pensionable earnings a worker earned in his or her lifetime.
The rise of contribution minimums could require employers to rethink pension formulas if they are based on yearly maximum pensionable earnings, said Malone.
This could be accomplished through a modest increase in premiums for Canadians who earn between 50 per cent and 100 per cent of the yearly maximum pensionable earnings under the CPP — in other words, people with incomes of between $ 27,450 and $ 54,900.
Look at the age of our so called «defence» where only Bellerin, who can't in any case, defend at all, is still under pensionable age.
Choosing a lineup and let them play the arsenal way shouldn't be manager's only job, he need to properly train them, motivate them, change tactics in the middle of games, standing up, shout and not just sitting down folding his hands when things aren't going our way, so many alerts to change this pensionable gentleman than your st - *** d two reasons as to why he's better at Arsenal and we'll miss him when he's gone, NO
If the reviews proposals for police pay are accepted and 40 % of police officers, many amongst the most experienced, loose significant amounts of pay, including pensionable pay, what chances are there that those officers will accept a new negotiating system proposed by the same review body.
So presumably, the less wealthy, after being told what to spend their money on by «society» for all their working years, reach pensionable age fully moulded by a paternalistic government into financially responsible citizens who will commit a significant amount of their time to research where they want to invest their pensions, and subsequently enjoy «regular updates on how their pension fund was growing» — because of course, like house prices, pension funds can only rise in value.
The House of Commons was due to vote later today on a motion which would have increased the percentage of an MP's pensionable salary paid through the public purse from 26.8 per cent to 28.7 per cent.
An HLTA in York said: «I am paid for running a breakfast club each morning before school but this is not part of my contracted hours and therefore not pensionable.
But if you plan to go back to school, stay home with children, or earn less than the year's maximum pensionable earnings (YMPE), which is $ 51,100 for 2013, you may fall short of the maximum and so will your CPP cheques.
Enhancement to CPP / QPP on earnings between 50 per cent and 100 per cent of the year's maximum pensionable earnings threshold, with the ability for employers to provide a comparable workplace retirement plan in lieu.
The bottom line is that at the top end, those with pensionable earnings of $ 102,000, annual benefits would rise from the current $ 12,150 to about $ 23,400.
Effective January 1, 2009, public service pension plan contributions will be 5.2 % (to a maximum of $ 2,407.60 for the 2009 taxation year) on all pensionable earnings below and equal to the yearly maximum pensionable earnings (YMPE)($ 46,300 for the 2009 taxation year) and 8.4 % on all pensionable earnings over the YMPE.
So taxpayers need to have $ 55,300 of salary or self - employment income to make the maximum CPP contribution for the year and earn a full year of CPP pensionable service.
The Appeal Court upheld the High Court's decision that the BBC's cap on pensionable pay — pay increase of only up to 1 % being pensionable — was valid and did not breach the duty of good faith.
However, Article 7 (a) allowed member states to exclude the pensionable age from the scope of the Directive.
The High Court previously decided in May 2015 that the BBC was not in breach of its employer's duty of good faith by imposing a cap on pensionable salary.
The benefits awarded included funeral costs, death benefits and monthly survivor benefits based on a percentage of the deceased's pensionable salary.
Privatised schemes: EDF on its pension restructuring exercise to cap pensionable pay, and are long term advisers to the Trustees of the Railways Pension Scheme
Bradbury v BBC (ongoing)-- acting for the BBC before the Pensions Ombudsman, High Court and Court of Appeal in respect of a claim concerning a cap on pensionable salary in a final salary pension scheme
In particular, the majority was concerned that deducting benefits would provide an incentive for employers to dismiss pensionable employees before other employees because of the cost savings.
Norman v Cheshire Fire & Rescue Service [2011] EWHC 3305 (QB): concerning the types of remuneration that counted as «pensionable pay» for the purposes of the Firefighters» Pension Scheme.
This meant she was unable to claim her state retirement pension from the age of 60 (the pensionable age for women), but instead had to wait until she was 65 (the pensionable age for men).
L.R. 631: concerning the calculation of «pensionable pay for the year ending with the relevant date» in the Firemen's Pension Scheme.
Joanne Welch is a supporter of «Back to 60», a campaign group that advocates reform of the rules on pensionable age.
HY concerned the rights of male - to - female transgender people to claim a state retirement pension at the lower pensionable age applicable to women.
Ishak says it's unclear what exactly that entails, but he says what's going to have an impact on the case is to what extent the grievances were about McLaughlin not being in the correct job and if the amount he was paid, as a result of those grievances, is pensionable.
Whether a lump sum payment to settle three grievances, paid to McLaughlin upon termination of his employment, was salary - based and, therefore, pensionable.
The pensionable service of a member was limited to service in the period between the member becoming a member and the NRD of that member.
But they never contemplated the situation that had arisen as a result of Barber and Coloroll, with more than one NRD being required where there had been pensionable service both in and outside the Barber window and benefits had accrued by reference to different NRDs.
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.
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