Phased retirement – Benefits Canada.com

Pension trends: Is phased retirement an option for your employees?

mschmit — Fri, 30 Jan 2015 03:00:38 +0000

As more retirees remain on the job, companies should consider phased retirement arrangements

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Flashback: When Quebec phased retirement

mschmit — Fri, 26 Oct 2012 03:07:00 +0000

For generations, the concept of retirement centred around a one-time event: you worked to age 65, then your employer sent you off with a gold watch and your DB pension. But just as DB pension plans have begun to fall out of favour in recent years, so, too, has the concept of retirement changed.

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How is phased retirement impacting employers?

mschmit — Mon, 17 Sep 2012 04:08:33 +0000

The days of golf and gardening seem to be passé for the new age of retirees. Working in retirement, or “phased retirement,” as it’s been dubbed, is not a passing fad. But is this change one of choice or need? And, how is it impacting employers?

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Working in retirement: The new normal?

mschmit — Mon, 20 Aug 2012 09:48:49 +0000

For baby boomers on the cusp of retirement, they could find that meetings and marketing plans will need to be just as much part of their daily lives post-retirement as pre-retirement.

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Baby boomer steps

mschmit — Thu, 24 Jun 2010 20:00:00 +0000

Since Jan. 1, 2008, the Income Tax Act (ITA) has allowed the payment of a pension to a plan member who continues to accrue pension benefits while still working. This type of arrangement has been officially termed a phased retirement program. Following this, a series of provincial and federal pension legislations have also been changed […]

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The Nine-Hour Workweek

mschmit — Tue, 15 Apr 2008 20:00:00 +0000

Baby boomers on the cusp of retirement have been asked what it will take to keep them in the workforce, and their response is clear. Companies looking to retain older employees will have to sweeten the pot, including flexible hours and shorter workweeks, according to a recent workplace survey from RBC. Conducted by Ipsos Reid,The […]

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Bill Makes Phased Retirement for Workers Easier in Quebec

mschmit — Sun, 13 Apr 2008 20:00:00 +0000

With experts predicting an impending labour shortage due to the mass retirement of baby boomers, Quebec’s provincial government has introduced a bill aimed at smoothing the way for phased retirement. Bill 68 is an amendment to Quebec’s Supplemental Pension Plans Act (SPPA), allowing employees to receive a retirement pension (from a defined benefits pension plan) […]

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