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If the request for information is related to a credit or loan application, the associate mustauthorize release of this information in writing. Alternatively, the manager may provide aletter of confirmation on letterhead that can be used by the associate.________________________________________________________________________Letter of ServiceAssociates can ask their manager for a ‘letter of service’ before their last day withGoodLife.Working at the age of 65 and beyond[back to top]GoodLife is very happy you made the decision to continue working. Below you will findimportant information regarding Old Age Security and Canada Pension.The Ontario Human Rights Code was amended on December 12, 2006 to prohibitmandatory retirement, protecting employees aged 65 or more from being forced to retire,except in those cases where the retirement age can be justified as a bona fideoccupational requirement.Ending mandatory retirement does not mean that associates can be penalized if theychoose to retire at or prior to the age of 65. Rather, older persons can choose forthemselves how long they wish to remain in the workforce, based on their own lifestylesand circumstances, so long as they are capable of performing their jobs._______________________________________________________________________________Notice of RetirementAssociates wishing to retire are asked to give notice to their immediate manager 6 monthsprior._____________________________________________________________________________Old Age Security Pension (OAS)The OAS pension is a taxable monthly benefit available to most people 65 or older whomeet the residence requirements. Eligible applicants can receive the OAS pension even ifthey are still working or if they have never worked, but they must apply for it. Pensionerswhose net income, including the OAS pension, is above a certain amount ($63,000) arerequired to reimburse part of their pension amount.Old Age Security is only retroactive for 11 months. Therefore, if someone applies at age67 they loose 2 years of benefits._____________________________________________________________________________To qualifyTo qualify for an OAS pension in Canada, applicants must be 65 years of age or older andmust be Canadian citizens or legal residents of Canada at the time the pension isapproved. They must have resided in Canada for at least 10 years after the age of 18.Periods of residence and/or contributions in a country with which Canada has a socialsecurity agreement may be used to help meet the residence requirement for eligibility.A person who has resided in Canada for at least 40 years after reaching the age of 18may qualify for a full OAS pension._____________________________________________________________________________Canada Pension Plan (CPP)The Canada Pension Plan (CPP) provides contributors and their families with retirement,disability, survivor, death and children’s benefits. The retirement pension is a monthlypayment available to CPP contributors as early as 60 years of age.The disability benefit is a monthly benefit available to qualified CPP contributors and theirdependent children. Survivor benefits are paid to a deceased contributor’s estate,surviving spouse or common-law partner and dependent children. Benefits include:• The death benefit – a one-time payment to, or on behalf of, the estate of adeceased Canada Pension Plan contributor;Confidential and Proprietary Information of Goodlife Fitness Clubs | V14 July 2009 32