This Quick Reference
provides a useful overview and new insight for employers and employees who have to deal with the somewhat unfamiliar terrain of public pensions and employment insurance, especially where those programs directly intersect with employment situations. The Guide details the history and development of the Canada Pension Plan, how it is administered, and specific information about the types of benefits available as well as the manner and timing of benefit payments. In this newly updated edition, the authors have tried to reflect a more developed view about the state of public pension plans in light of rapid changes to the economy and investment strategies. This edition also includes several chapters designed to assist employers, unions, employees and the self-employed in understanding the Employment Insurance Act
: Employment Insurance benefits, EI adjudicative process, Record of Employment (ROE), structuring settlements and damages, federal work-sharing program, private pension plans, and the future of Employment Insurance.
NEW IN THE 2015 EDITION:
- The Small Business Job credit
- December 2014 announcement by Employment and Social Development Canada that Canada Pension Plan (CPP) benefits will increase by 1.8% in 2015
- Employment Insurance premium rates are frozen for 2014, 2015, and 2016
- New Employment Insurance economic regions and benefit entitlements have been established in PEI and the territories to better reflect the rates of unemployment in those regions and the different economic circumstances in urban and rural areas.