BUSI 3102 Chapter Notes - Chapter 10: Canada Pension Plan, Pension, Disability Insurance
28 Dec 2015
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Lo2 explain how government furthers employee security and which major canadian laws relate to it. Canada pension plan (cpp) a mandatory, contributory, and portable pension plan applicable to all employees and self-employed persons in canada, except those working for the federal government. Contributory plans benefits that require the employer to contribute to the cost of the benefit. Portability clauses allow accumulated pension rights to be transferred to another employer when n employee changes employers. Employment insurance (ei) a program to help alleviate the financial problems of workers in canada during the transition from one job to another. Workers" compensation payable by employers collectively for injuries sustained by workers i the course of their employment. Health insurance health and medical insurance provided by provincial governments with assistance from the federal government. Short-term disability plan a benefit plan crediting a number of days to be used as sick leave.
