Advisor.ca staff, with files from The Canadian Press
Your employees’ retirement plans are affected by how long they stay in the workforce. Whether or not they work past 65 often depends on government policy, which ultimately affects all Canadians no matter their ages.
The previous Conservative government raised the eligibility age for the old-age security benefit to 67 from 65 to save on costs and prod people to work longer. The Liberals reversed the decision in their first budget, but have stuck by the need to keep older Canadians in the workforce longer.A spokesperson for Social Development Minister Jean-Yves Duclos said […]
Full Post at www.benefitscanada.com