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pooled registered pension plan

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

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.

 

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Ministers agree on private sector pension plan

On Monday December 20, 2010, Finance Minister Jim Flaherty announced that the provinces, territories and the federal government came to an agreement during their meeting in Alberta to move ahead with a new private-sector pension plan called the pooled registered pension plan framework. This means any talk regarding the expansion of the Canada Pension Plan is put on hold for now.

 

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