Fun with Numbers Redux
You can have a lot of fun with numbers, including figuring out how much someone is paid based on when their CPP premiums stop for the year.
Pension or LIRA? A decision (redux)
Should you leave your money in your company’s pension ? Most plans offer a “cash out” capability so the question is pension or LIRA ?
CPP Splitting A Different Process
Not all pensions are split the same way. This post explains the critical differences between splitting a company pension using CRA’s T1032 form, and splitting CPP benefits through Service Canada. While pension income splitting offers flexibility and tax savings year to year, CPP splitting is a more rigid process—requiring mutual consent both to start and stop. This can create complications in cases of estrangement or separation. The post also covers important pension considerations like survivor benefits, medical coverage, and spousal rights in separation vs. divorce. Whether you have a company pension or CPP, understanding your entitlements is essential for retirement planning and income protection.
Keywords: pension, CPP, pension splitting, CPP splitting, retirement income, survivor benefits, pension and divorce, Canada Pension Plan, pension rights, retirement planning
Civil Servants: Another Point of View
The federal Government of Canada has too many Civil Servants, but no Prime Minister wants to wield the axe to the workforce that might be needed.
I am a Civil Servant
Yes I work for the Federal Government of Canada, and I am paid well. Sorry to say, yes there are lazy people here, but not nearly as many as is made out, the MPs are the lazy ones. Don’t like it? Get a job here.
