Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
SportTrac Discussion
General Sport Trac Discussion
Retirement in Canada
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support Ford SportTrac Forum:
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="Allan Reed" data-source="post: 981791" data-attributes="member: 66240"><p>Canada has Old Age Security ( OAS ) government funded which was being referred to in article</p><p></p><p></p><p></p><p>It has Canada Pension Plan ( CPP ) based on payroll contributions and sponsored and backed by federal government.</p><p></p><p></p><p></p><p>In Alberta we have a provincial supplement for pensioners who fall below a specified level, pensioners who collect this also have certain medical coverages paid for.</p><p></p><p></p><p></p><p>Most larger companies have pension plan and some are definitely better than others</p><p></p><p>I retired on a company pension plan at 53 ( 90 points - age plus years of service)</p><p></p><p></p><p></p><p>We also have RRSPs ( Registered Retirement Savings Plan ) Contributions are income tax deductable and at retirement can be converted to a RRIF (Registered Retirement Income Fund)</p><p></p><p></p><p></p><p>Although age change sounds bad, any Canadian who has been able to look after his finances is not in that bad of shape and although some depend on OAS it would not be adequate for most.</p></blockquote><p></p>
[QUOTE="Allan Reed, post: 981791, member: 66240"] Canada has Old Age Security ( OAS ) government funded which was being referred to in article It has Canada Pension Plan ( CPP ) based on payroll contributions and sponsored and backed by federal government. In Alberta we have a provincial supplement for pensioners who fall below a specified level, pensioners who collect this also have certain medical coverages paid for. Most larger companies have pension plan and some are definitely better than others I retired on a company pension plan at 53 ( 90 points - age plus years of service) We also have RRSPs ( Registered Retirement Savings Plan ) Contributions are income tax deductable and at retirement can be converted to a RRIF (Registered Retirement Income Fund) Although age change sounds bad, any Canadian who has been able to look after his finances is not in that bad of shape and although some depend on OAS it would not be adequate for most. [/QUOTE]
Insert quotes…
Verification
Post reply
SportTrac Discussion
General Sport Trac Discussion
Retirement in Canada
Top
