Ontario Retirement Pension Plan, August 2015
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Dear <<First Name>>, 

On Monday, August 10th, 2015, the Ontario Government released the details of the ORPP, which is the first look at their concrete plan.  This plan will affect employers who are not currently offering a pension plan and may affect others if their current retirement plan is deemed not comparable. Defined Contribution (DC) plans will be considered comparable if they are locked in and are regulated by provincial pension standards. The ORPP Administration will begin contacting employers in 2016 and there will be four different stages of enrolment beginning January 1st, 2017.
  • Wave 1 - January 1, 2017: Employers with 500 or more employees without registered workplace pension plans
  • Wave 2 - January 1, 2018: Employers with 50 to 499 employees without registered workplace pension plans
  • Wave 3 - January 1, 2019: Employers with fewer than 50 employees without workplace pension plans
  • Wave 4 - January 1, 2020: Employers with a workplace pension plan that’s not modified or adjusted to meet the comparability test, as well as employees who aren’t member of the workplace’s comparable plan
We will be providing you with regular updates on any changes, but if you require more information, please visit our website at  or click on the following link:
Have a great day, 

Venessa Magny

162 Cumberland Street, Suite 300
Toronto, Ontario M5R 3N5
p: 416-928-5133 
f: 416-960-2267
Member of The Benefits Alliance Group Inc. – Canada’s Leading National Alliance of Independent Employee Benefits Advisors.
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