Asked by Caroline Bachus on Jul 27, 2024
Verified
Refer to Scenario 11.1. Canadian Fasteners must ensure that the benefits it offers employees are fulfilling the legal requirements. Which of the following is NOT legally required?
A) survivor benefits
B) employer contributions to the Canada and Quebec pension plans
C) employment insurance
D) workers' compensation insurance
Survivor Benefits
Financial benefits that are paid to the dependents or beneficiaries of a deceased individual, often as part of a pension or insurance plan.
Employer Contributions
Monetary amounts contributed by employers towards employee benefits like pension plans, health insurance, and other welfare schemes.
Employment Insurance
A government program designed to provide financial assistance to individuals who are unemployed through no fault of their own.
- Identify the statutory obligations related to pensions and benefits in Canada.
Verified Answer
Learning Objectives
- Identify the statutory obligations related to pensions and benefits in Canada.
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