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Money Old-age pension: Employment applies from fixed-term

22:45  22 september  2020
22:45  22 september  2020 Source:   finanzen.net

Trudeau cabinet meets to discuss rebuilding amid rising number of COVID-19 cases

  Trudeau cabinet meets to discuss rebuilding amid rising number of COVID-19 cases OTTAWA — Prime Minister Justin Trudeau warned Canadians against relaxing their guard against COVID-19 as he and his cabinet kicked off two days of closed-door meetings to discuss the pandemic and how to lead the country through a second wave. The past several weeks have seen a resurgence in COVID-19 across Canada after a summer lull, which Trudeau said is a reminder that Canada is "not out of the woods yet." "We need to continue to remainThe past several weeks have seen a resurgence in COVID-19 across Canada after a summer lull, which Trudeau said is a reminder that Canada is "not out of the woods yet.

Unlike the CPP, Old Age Security benefits are not tied to your employment history. You may be eligible to receive the OAS pension even if you have never worked or are still employed . In addition to the universal OAS pension , there are three other benefits that low-income seniors may also qualify

The State Pension (Contributory), previously called the Old Age (Contributory) Pension , is payable to people aged 66 and over who have worked and paid As the social insurance (PRSI) conditions are very complex, you should apply for a State Pension (Contributory) if you have ever worked in Ireland

The Federal Labor Court has strengthened the rights of temporary employees to a company pension.

TANNEN MAURY/AFP/Getty Images © Provided by Finanz.net TANNEN MAURY / AFP / Getty Images

According to a decision on Tuesday, with a company age limit of 55 years, it is irrelevant whether it was only adhered to during a fixed-term employment relationship, if this was followed by a permanent position.

In the case of the pension scheme, which the case from Lower Saxony was about, the maximum age at the beginning of the service was decisive, the court explained. This applies regardless of "whether there was initially a fixed-term employment relationship, provided that an unlimited employment immediately follows the fixed-term employment relationship", the judges decided (3 AZR 433/19). They also stated that a written agreement on a pension commitment was not a real eligibility requirement in this case.

In the negotiated case, there was a regulation according to which only those employees who have an open-ended employment relationship are entitled to a pension. In addition, at the start of the employment relationship, ERFURT (dpa-AFX)

Tories and Bloc say they supported COVID-19 aid package to help Canadians .
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