Quote:
Originally Posted by Enoch Root
Semantics. It very much does go beyond 8 years, as he is paid until 2045.
Yes, lots of people have deferred comp arrangements. Those people don't work within a salary cap structure.
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Deferred compensation arrangements like pension plans are specifically allowed in Canada to allow employees to plan for retirement.
You start deferring your salary in Canada without the benefit of a registered retirement plan will not work.