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News: Training & Webinars

Is Your Business Ready for the Mandatory Ontario Retirement Pension Plan?

April 11, 2016   (0 Comments)
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Join us for a Webinar

1:30 - 2:00 pm ET, Thursday, May 5th


If you own a business or manage employee benefit costs, you have likely heard of the
Ontario Retirement Pension Plan (ORPP) coming into effect on January 1, 2018. It is a new mandatory pension program from the Government of Ontario. 

Employers will be required over a phased period to offer an employee retirement savings plan to their employees. This could have a significant impact on your bottom line if not handled effectively.  

How will this impact my business?

If you do not have a comparable plan in place for your company's enrollment date, you have three options:

  • Make changes to your current group retirement plan to meet the requirements for it to be comparable.
  • Enrol in the ORPP and continue to offer your existing workplace pension plan.
  • Enrol in the ORPP an discontinue your existing workforce pension plan.

Attend this complimentary webinar and learn about this change and how it will affect you! 

 


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