ORPP Update: Employers And The Ontario Retirement Pension Plan
The Ontario Ministry of Finance released more information on the key features of the Ontario Retirement Pension Plan (ORPP) on August 11, 2015. By 2020, everyone employed in Ontario (other than certain “exempted” employees) will accrue pension benefits under either a “comparable workplace pension plan” or the ORPP. Many details of the ORPP remain unknown (e.g., what is “exempted” employment). The ORPP Administration Corporation, the administrator of the ORPP, will start contacting all Ontario […]