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Bmo canada employee benefits | However, there may be some exceptions, such as financial hardship or a serious health condition. Here are the contribution guidelines: Automatic Contributions Employees have the option to set up automatic contributions to the pension plan. This plan allows employees to share in the profits of the company. Index funds: Index funds track specific market indexes, allowing you to gain exposure to a broad range of investments. Employees should also be aware that if they choose to transfer their pension benefits to another registered plan or if they decide to receive their pension benefits as a lump sum, there may be tax implications. Dependents, including children and disabled dependents, may also be eligible for benefits under the BMO Employee Pension Plan. This can provide you with a greater level of financial security and peace of mind. |
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