group registered retirement savings plans

What does the Ontario Retirement Pension Plan announcement mean for your organization?

August 21, 2015 Occasional Contributors Employee Relations, Employment/Labour Standards, HR Policies and Procedures, Human Resources, Payroll, Pensions and Benefits, Recruiting and Hiring, Source Deductions and Reporting, Union Relations, Wages and Compensation

On August 11, 2015, the Ontario government made additional announcements regarding the Ontario Retirement Pension Plan (ORPP), which is expected to be introduced in 2017.

Bill 56, comparability threshold, comparable pension plan, DB or DC plan, deferred profit sharing plans, Employers sponsoring a Group RRSP or DPSP, employment law, group registered retirement savings plans, hybrid plan, maximum contribution rate, MEPP, multi-employer pension plan, Ontario Retirement Pension Plan, ORPP, pooled registered pension plan, PRPP, retirement savings plans, the Ontario Retirement Pension Plan Act, workplace pension plan

Is anyone interested in PRPPs?

June 26, 2015 Employer Advisor, McCarthy Tétrault LLP Employee Relations, HR Policies and Procedures, Human Resources, Payroll, Pensions and Benefits, Wages and Compensation

A number of financial institutions and other providers are now offering pooled registered pension plans (PRPPs) and voluntary registered savings plans (VRSPs), the PRPP’s Quebec equivalent. Except for VRSPs, which are mandatory for employers who don’t offer pension plans or other retirement savings plans such as group registered retirement savings plans (RRSPs), how popular are PRPPs likely to be?

Employer contribution, employment law, group registered retirement savings plans, mandatory nature of VRSPs, pension plans, pooled registered pension plans, PRPPs, retirement savings plans, Self-employed, voluntary registered savings plans, VRSPs