The operation of company pension schemes is governed by a substantial body of law intended to protect the interests of pensioners.
Arrangements whereby employers agree to provide benefits to retired employees. A pension is paid out in a series of regular payments or a lump sum of money to retired employees or their beneficiaries.
are not mandated by the Employment Standards Act. If pensions are provided, employees must be able to continue participating in the plans when on pregnancy, parental, emergency leave or family medical leave.