What Does The Ontario Retirement Pension Plan Announcement Mean For Your Organization?
In August, the Ontario government made additional announcements regarding the Ontario Retirement Pension Plan (ORPP), which is expected to be introduced in 2017. Ontario continues to move forward with its commitment to introduce the ORPP in order to provide a predictable source of retirement income for Ontarians. The announcement indicates that “subject to legislative approval, by 2020, every employee in Ontario will be part of either the ORPP or a comparable workplace pension plan.” This […]