Pension and Benefit Plans

Employee benefits constitute an indirect form of compensation that is intended to improve the quality of work life for employees. Pensions may be seen as deferred income that employees accumulate during their working lives. This course provides insight into the characteristics, features, and role of employee pension and benefit plans. The student is provided with a comprehensive overview of the most common employer and government provided insurance, disability and pension plans that are found in Canadian organizations. The course examines such topics as group insurance, government benefit plans, health-care benefits and elements of pension plans.