Ontario Employment Terminations: Implications of New Pension 'Grow-In' Rules
Mondaq Business Briefing › Canada Law Articles in English (2010)
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Mondaq Business Briefing › Canada Law Articles in English (2010)
Linked as:Extract
Ontario Employment Terminations: Implications of New Pension 'Grow-In' Rules
Employers that sponsor defined benefit (DB) pension plans need to put in place strategies (now) to manage recent amendments to Ontario pension legislation that will extend "grow-in" benefits to all involuntarily terminated employees who meet specified eligibility criteria. Previously, grow-in benefits applied only when a pension ...
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