Nearly half (44%) of respondents approve of the Ontario Retirement Pension Plan (ORPP) as a supplement to the CPP, according to a sampling of public opinion by the Forum Poll among 1,148 Ontario voters.
Another 37% of respondents disapprove of the ORPP and 19% don’t have an opinion.
The Ontario government’s new pension plan will be rolled out from Jan. 1, 2018, beginning with the province’s largest employers.
Approval for the ORPP is especially common among:
- Baby boomers, with 49% of those aged between 55 and 64 in favour of the pension plan.
- Women (46%) compared to men (42%).
- Those in the highest income bracket ($100,000 to $250,000), with 50% in favour.
- Liberals (65%) compared to 52% of New Democrats and 27% of PC voters.
- Among mothers (48%).
“While the ORPP does not garner massive support, it is clearly preferred to no ORPP, and Ontarians recognize the necessity of adding some oomph to their pensions,” said Forum research president, Dr. Lorne Bozinoff.