If you’re an employer or administrator of an Ontario-registered pension plan, you’ll be interested to know that the Financial Services Commission of Ontario recently published a detailed report on the filings of Statement of Investment Policies and Procedures (SIPPs) in Ontario (the “Report”). The Report which was published at the
Read More →Pension plan sponsors and administrators have much to anticipate with the release of the 2017 Ontario Budget: A Stronger, Healthier Ontario (Budget) on April 27, 2017. The Budget provides updates to several pension reform initiatives that many stakeholders have been waiting for, as well as new proposals aimed at benefiting
Read More →On October 19, 2016, the federal government introduced Bill C-27 which, if passed, will permit federally-regulated employers to establish single-employer and multi-employer target benefit plans. The bill proposes to amend the Pension Benefits Standards Act, 1985 to add target benefit plans as an alternative to the traditional defined benefit
Read More →When was the last time you thought about pension plan governance? Or reviewed your pension governance policies? It would be great if your answer is “recently”. However, if you’re like many organizations whose answer is “I can’t remember” or “a while ago”, then you need to be aware of the
Read More →The Ontario and federal governments announced on February 16, 2016 that they have reached an agreement regarding the Ontario Retirement Pension Plan (ORPP) and improving pensions for Canadians. With contributions originally set to begin next year, th...
Read More →On January 26, 2016, additional design details of the Ontario Retirement Pension Plan (ORPP) were released by the Ontario government. The government reconfirmed its commitment to implement the ORPP beginning January 1, 2017, ensuring that by 2020, ev...
Read More →With a new federal Liberal government coming into office on November 4, 2015, what does this mean for the Ontario Retirement Pension Plan (ORPP)? That’s the question on the minds of many employers and workers in Ontario. As part of its campaign pla...
Read More →On August 11, 2015, the Ontario government released long-awaited details about the Ontario Retirement Pension Plan (ORPP). Although there are design issues that need to be settled and many unanswered questions on how the ORPP will work, employers with ...
Read More →On December 18th, 2014, the Ontario government released its consultation paper on the new Ontario Retirement Pension Plan (ORPP). What’s important to note is that the government’s “preferred approach” is to impose the ORPP on Ontario employers ...
Read More →On December 8, 2014, the Ontario government introduced Bill 56: An Act to require the establishment of the Ontario Retirement Pension Plan regarding the establishment of the new, mandatory Ontario Retirement Pension Plan (ORPP) effective January 1, 201...
Read More →
Canadian National Occupational Classification
Pay Equity Commission
US – Standard Occupational Classification