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Wrongful Dismissal Damages: Loss of Pension Benefits

June-1-2007

Lawyer Joe Conforti
Area Employment and Labour

Summary

Article orginally published in Executive Employment, Volume XIV, No. 2, June 2007

Excerpt from "Wrongful Dismissal Damages: Loss of Pension Benefits":

Mr. Taggart was a long-service executive of Canada Life, working within the organization for 30 years, ultimately rising to the position of Vice-President, Individual Life Insurance, Mr. Taggart was enrolled in his employer's registered pension plan available to senior executives.  Both pension plans were defined benefit plans under which a participant's pension benefits would be determined on the basis of a formula incorporating years of service and earnings.

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