Ontario’s Associate Minister of Finance Mitzie Hunter defended the Ontario Retirement Pension Plan during a recent visit to Ottawa. In an interview with the Ottawa bureau chief of Maclean’s, Hunter addressed the criticism that the plan would force Ontarians to save instead of allowing them to choose how to plan for their retirement as well […]
Earlier this week, the Ontario government announced plans to introduce the Ontario Retirement Pension Plan (ORPP) using a phased-in approach. But tax expert Jack Mintz says "the best approach is to kill the whole idea in the first place" in the Financial Post.
The Ontario Pension Board, administrator of the Public Service Pension Plan (PSPP), and the CAAT Pension Plan say their members will be exempt from the Ontario Retirement Pension Plan (ORPP).
Over the years, a growing chorus of voices has been pleading with the provinces to lighten up on the overburden of pension regulation and give employers a fighting chance to provide a DB promise. Unfortunately, the province didn’t listen—which hasn’t been great for many DB plan members, because the punitive regulatory system has put the majority of private sector DB plans out of business.
In less than two years, the Ontario Retirement Pension Plan (ORPP) is scheduled to be introduced.
The decision by the Government of Ontario to let some DC plans be considered comparable to the Ontario Retirement Pension Plan (ORPP) received divided reactions from consultants.
Ontario has established a nominating council to provide advice and recommendations to the government on the appointment of the initial board of directors for the Ontario Retirement Pension Plan Administration Corporation (ORPP AC).
Premier Kathleen Wynne says Stephen Harper is standing in the way of an Ontario pension plan, while the prime minister says he's happy to block what he calls "an enormous tax hike.''
The Government of Ontario announced key details in the design of the Ontario Retirement Pension Plan (ORPP) on Tuesday and reaction to the announcement was both negative and positive.
As Ontario moves forward with its mandatory provincial pension program, it should use Australia’s DC system as a model instead of the Canada Pension Plan (CPP).