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pooled registered pension plans

By Cristina Lavecchia | < 1 Minutes Read November 24, 2016

Three popular articles this week on HRinfodesk

The three popular articles this week on HRinfodesk deal with: A matter where the court had to determine the enforceability of a promoted employee's new employment contract, particularly the termination clause; current and 2017 payroll rates; and PRPP legislation that is now in force in Ontario.

Article by Cristina Lavecchia / Employee Relations, Employment Standards, Payroll, Union Relations / 2017 payroll rates, EI, employment contract, Employment Insurance, employment law, employment standards act, ESA, minimum wage rates, Ontario PRPP, payroll rates, pension plans, pooled registered pension plans, Pooled Registered Pension Plans Act, PRPP, PRPP Regulations, termination, Termination clause, wrongful dismissal

By McCarthy Tétrault LLP | 2 Minutes Read October 4, 2016

BC government enables smaller employers to give employees pension plans

Pension plans can be a very helpful retention mechanism for good employees (and, it must be noted, bad ones too), and many larger employers offer them to their employees as part of their overall compensation package. However, the cost and complexity of pension plans have also meant that they may not be considered by most smaller employers. Recent legislative enactments have attempted to address this.

Article by McCarthy Tétrault LLP / Employee Relations, Payroll, Union Relations / Bill 9, Compensation package, employment law, pension plans, pooled registered pension plans, Pooled Registered Pension Plans Act, PRPP

By McCarthy Tétrault LLP | 8 Minutes Read June 26, 2015

Is anyone interested in PRPPs?

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?

Article by McCarthy Tétrault LLP / Employee Relations, Payroll / 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

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