COMMERCE 2BC3 Chapter Notes - Chapter 10: Pension, Unemployment Benefits, Health Education

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Like u cant expect to hire mans if ur not proving health care like whos mans would wanna work for u: complexity. If contributor dies survivor benefits(money you get if the person who pitched into cpp dies aka ur dad ) include either a lump sum death benefit: employment insurance. Typically, members and employers contribute a set percentage of the member"s salary. savings during their active career. Typically, individuals and employers contribute a set percentage of the individual"s salary. Member and employer contributions are invested in a pension fund and used to pay the member"s lifetime pensions. Monies are deposited in a personal account set up in the individual"s name. Decisions on strict guidelines established to protect invested, usually based on a range of available. Pension income is based on earnings and service in the plan the more service, the bigger the pension will be. investment options.

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