old age security
March 1, 2017 Jean-Pierre A. Laporte B.A., M.A., J.D. (of the Bar of Ontario) Payroll, Pensions and Benefits, Source Deductions and Reporting, Wages and Compensation
Unlike most Canadians who are not operating a business, many professionals have more options to them when it comes to retirement savings. The average Canadians employed by companies in the private sector will typically use the Registered Retirement Savings Plan or the Tax–Free Savings Account. The lucky few work for organizations that sponsor a registered pension plan, but their numbers seem to be declining every year as a percentage of the workforce not working in para–public employment.
employment law, GIS, Guaranteed Income Supplement, income in retirement, Income Tax Act, OAS, old age security, pension plans, pension rules, personal pension plans, Registered Retirement Savings Plan, RRSP, savings, savings plans, tax–assisted savings plans, tax–deductible contribution, Tax–Free Savings Account, TFSA
March 29, 2016 Cristina Lavecchia Employee Relations, Government Budgets, Throne Speeches and Plans, HR Policies and Procedures, Human Resources, Payroll, Pensions and Benefits, Recruiting and Hiring, Source Deductions and Reporting, Training and Development, Union Relations, Wages and Compensation
On March 22, 2016, the new Liberal Government’s first federal budget, “Growing the Middle Class,” was tabled in the House of Commons. Budget 2016 focuses on growing the economy, creating jobs, and strengthening the middle class. Of interest to employers and payroll professionals…
canada pension plan, compassionate care benefits, CPP enhancements, Employment Insurance, employment law, Federal budget 2016, Growing the Middle Class, Income Tax Act, old age security, Personal income tax bracket and rates, Personal income tax measures, Working while on Claim pilot project
July 11, 2013 Yosie Saint-Cyr, LL.B. Managing Editor Employee Relations, Employment/Labour Standards, HR Policies and Procedures, Human Resources, Human Rights, Notice, Damages and Settlements, Payroll, Pensions and Benefits, Wages and Compensation
The three most viewed articles on HRinfodesk this week deal with breach of confidentiality clauses in settlement agreements; how an employer was held liable despite the employee having suffered no discrimination; and how individuals can now delay receiving their Old Age Security pension plan.
Breach of confidentiality clauses, canadian employment law, damages for injury, discrimination, Employer liability, employment law, human rights code, human rights tribunal, OAS, old age security, release, restrictive covenant, retirement, settlement agreements, severance package, termination, terminations, Voluntary deferral
March 14, 2013 Yosie Saint-Cyr, LL.B. Managing Editor Employee Relations, Employment/Labour Standards, HR Policies and Procedures, Human Resources, Payroll, Pensions and Benefits, Privacy and Security, Recruiting and Hiring, Source Deductions and Reporting
The three most viewed articles on HRinfodesk this week deal with the end of production of the Social Insurance Number card, changes to the old age security pension plan and Ontario introducing three leaves of absence to help families.
department of human resources and skill development, Employment Insurance Act, employment standards act, Employment Standards Amendment Act, ESA, ESA obligations, Growth and Long-Term Prosperity Act, Leaves of absence, Leaves to help families, old age security, Old Age Security Act, pensions, SIN, SIN card, Social Insurance Number, Social Insurance Register, Statutory leaves
December 21, 2012 Yosie Saint-Cyr, LL.B. Managing Editor Accessibility Standards, Employee Relations, Employment/Labour Standards, Health and Safety, Human Resources, Human Rights, Integrated Accessibility Regulation, Payroll, Pensions and Benefits, Source Deductions and Reporting, Standard for Customer Service, Standard for the Built Environment, Union Relations, Wages and Compensation
Several changes to pension, employment standards, payroll and other legal requirements are coming into force January 1, 2013 or later. Below you will find brief summaries, listed by jurisdiction, of some of the important changes employers need to know about and prepare for: (The post is now updated and includes the new AODA Built environment requirements coming into force January 1, 2013).
2013, administrative penalties, Alberta, AODA obligations, Best 14 weeks pilot project, British Columbia, calculation of holiday pay, Canada Employment Insurance Financing Board, Canada labour Code, Canada Revenue Agency Act, care for a critically ill child, compassionate care benefits, confined spaces, construction sector, cpp, EI benefit, EI sickness benefits, Employees Profit Sharing Plans, Employment Insurance Act, employment insurance reforms, Employment Insurance Regulations, employment law, Employment Pension Plans Act, employment standards code, Family Day Act, Federal Income Support for parents of murdered or missing children, Federally regulated workplaces, first aid, group sickness or accident insurance plans, Growth and Long-Term Prosperity Act, Helping Families in Need Act, Hiring Credit for Small Business, HRinfodesk, HRlaw, HST, Jobs, legal requirements are coming into force January 1, letter of credit to cover a portion of the pension plan, manitoba, maternity of parental leave, Newfoundland and Labrador, Nova Scotia, old age security, ontario, pooled registered pension plans, Prince Edward Island, PST, Public Sector Salary Disclosure Act, QST, Quebec, Registered Disability Savings Plans, retirement compensation arrangements, Saskatchewan, SIN numbers, Whistleblower Protection, Workers’ Compensation Amendment Act, Working while on Claim pilot project, Workplace Safety and Insurance Act
December 20, 2012 Yosie Saint-Cyr, LL.B. Managing Editor Employee Relations, Human Resources, Human Rights, Payroll, Pensions and Benefits, Recruiting and Hiring
The three most read articles this week on HRinfodesk deal with discrimination based on on ethnic background and place of origin, amendments to the Old Age Security regulations, and what you need to remember when hosting company holiday parties.
department of human resources and skill development, discrimination, employment law, ethnic background and place of origin, ethnicity, hiring process, holiday party, holiday season, old age security, Ontario human rights commission, social host
November 22, 2012 Yosie Saint-Cyr, LL.B. Managing Editor Employee Relations, Health and Safety, Human Resources, Payroll, Pensions and Benefits
The three most popular HRinfodesk articles this week deal with harassment claims in a nursing home, a summer student’s death not prevented, and implications of Canada’s aging population in the workforce.
aging population, aging workforce, disciplinary action, Disciplinary measures, employment law, harassment claims, Labour Law, Labour shortage, occupational health and safety, old age security, summer student, workplace harassment
April 2, 2012 Yosie Saint-Cyr, LL.B. Managing Editor Employee Relations, Human Resources, Payroll, Pensions and Benefits
Effective, April 1, 2023, with full implementation by January 2029, the eligibility age for Old Age Security (OAS) is increasing to age 67 from 65 to reflect the reality that Canadians are living longer and healthier lives, and intending to keep working and delay retirement. In line with the increase in age of OAS/GIS eligibility, the ages at which the allowance and the allowance for the survivor are provided will also gradually increase from 60–64 today to 62–66, starting in April 2023.
budget, Early retirement, eligibility age, federal budget, general income supplement, GIS, OAS, old age security, pension, retirement, retirement age
April 2, 2012 Christina Catenacci Human Resources, Payroll, Pensions and Benefits, Recruiting and Hiring, Source Deductions and Reporting, Training and Development, Wages and Compensation
The government recently released its 2012 federal budget, which sets out a comprehensive agenda to bolster Canada’s fundamental strengths and address the important challenges confronting the economy over the long term. How will this affect employment in Canada?
2012 federal budget, Aboriginal peoples, Citizenship and Immigration Canada, economy, EI premium rates, Employment Insurance, employment strategy, federal budget, immigration system, infrastructure, investing in training, job creation, labour market, OAS, old age security, skills training and job search supports, Temporary Foreign Worker Program
March 24, 2010 Yosie Saint-Cyr, LL.B. Managing Editor Employee Relations, Human Resources, Payroll, Pensions and Benefits
Recently, questions and concerns have been raised about the adequacy of future retirement income for certain members of the Canadian population. These concerns have received particular attention in light of the global ecomonic downturn and other emerging issues, such as longer life expectancy, imminent baby boomer retirements, and declining private pension plan coverage.
Canada, canada pension plan, Guaranteed Income Supplement programs, old age security, pension, pensions, quebec pension plan, Registered Pension Plans, Registered Retirement Savings Plans, retirement income system
Ageism is a big problem in the legal community. Bay Street firms and others are not interested in applicants' skills, knowledge, etc. unless they are... – Nov 16, 11:05 AM
Excellent article !! Right on point. So many times we encounter opinionated employer representatives or coworkers who address complaints from positions of bias. Bias that... – Oct 30, 12:07 AM
