Sentences with phrase «pensionable employees»

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.

Furthermore, allowing deduction could provide an incentive for employers to dismiss pensionable employees rather than other employees because it would be cheaper to do so.

Not exact matches

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.

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.

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;

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.

The Sheridan plan also calls for doubling the pensionable limit to about $ 102,000, with the contribution rate on the additional $ 51,000 set a 1.55 per cent each for employer and employees.

by the end of 2023, CPP contributions will rise by 1 % (to 5.95 % of pensionable earnings) for both employers and employees;

In Shaw v. Healthcare of Ontario Pension Plan, the question at issue was whether retention bonuses promised to an employee should be considered pensionable earnings under his pension plan.