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The plan is administered by Employment and Social Development Canada on behalf of employees in all provinces and territories except Quebec, which operates an equivalent plan, the Quebec Pension Plan (Régime des rentes du Québec in French). Because the Constitutional authority for pensions is shared between the provincial and federal ...
The Canada Pension Plan (CPP) forms the backbone of Canada's national retirement income system. All those employed aged 18 or older (and their employers) must contribute a portion of their income (matched by their employers) into the CPP or, for Quebec residents, the Quebec Pension Plan (QPP).
ESDC delivers $87 billion in programs and services and has approximately 24,000 employees. Approximately 19,000 of those employees work under the Service Canada banner. Officials and structure
to not oppose any Nortel employee incentive program. [11] that the claims of continuing and former Canadian employees of Nortel will be treated as unsecured claims, unless there is a change to the Bankruptcy and Insolvency Act. that Nortel will stop topping-up its underfunded pension plan after the last payment made in March 2010. [12]
Service Canada is the program operated by Employment and Social Development Canada to serve as a single-point of access for the Government of Canada's largest and most heavily used programs, such as the social insurance number, the Employment Insurance program, the Old Age Security program and the Canada Pension Plan. [1]
Authorized by Section 94A of the Constitution Act of 1867, [1] the program is defined by the Old Age Security Act (R.S.C., 1985, c. O-9). [2] Implementation is the responsibility of the Minister of Employment and Social Development (ESDC). [3] Administration is performed by Service Canada through offices across Canada. [4]
Canada: Basic pension: Canada Pension Plan: N/A: Registered retirement savings plan China: Social assistance: Social insurance system: Mandatory individual accounts: N/A Czech Republic: Basic pension: Social insurance system: No, canceled in 2016: Voluntary individual accounts Dominican Republic: Social assistance: Mandatory individual accounts ...
The minister of Employment, Workforce Development and Labour (French: ministre de l’emploi, du développement de la main-d’œuvre et du travail) is the minister of the Crown in the Canadian Cabinet who is responsible for Employment and Social Development Canada, the Government of Canada department that oversees programs such as employment insurance, the Canada pension plan, old age ...