October 26, 2015 by Heather Di Dio in Pensions and Benefits
  • Comments Off on ORPP: What’s next now that the election is over

ORPP: What’s next now that the election is over

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...

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October 13, 2015 by Claude Marchessault in BC, Pensions and Benefits
  • Comments Off on British Columbia: A guide to B.C.’s new pension legislation for HR professionals

British Columbia: A guide to B.C.’s new pension legislation for HR professionals

On September 30, 2015, British Columbia’s new Pension Benefits Standards Act (PBSA) and Regulation came into effect.  The PBSA has wide-ranging implications for HR Professionals who oversee BC-registered pension plans and certain non-BC-registered p...

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September 30, 2015 by Mary Picard in Pensions and Benefits
  • Comments Off on Employer liability relating to fees in employer-sponsored retirement and savings plans

Employer liability relating to fees in employer-sponsored retirement and savings plans

Employers who sponsor retirement and savings plans for their employees should ensure that the fees paid by their employees within the plans are reasonable and adequately disclosed.  Lawsuits in the U.S., and a recent regulatory undercover investigatio...

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August 12, 2015 by Heather Di Dio in Pensions and Benefits
  • Comments Off on New details about the ORPP

New details about the ORPP

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 ...

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July 10, 2015 by Mary Picard in Pensions and Benefits
  • Comments Off on Ontario pension plan sponsors: it’s time to look at your SIPPs

Ontario pension plan sponsors: it’s time to look at your SIPPs

Employers that provide registered pension plans to their Ontario employees should review their Statement of Investment Policies and Procedures (“SIPPs”) within the next few months.  New Ontario SIPP requirements are coming into force:  SIPPs will...

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December 18, 2014 by Heather Di Dio in Pensions and Benefits
  • Comments Off on More news on the ORPP

More news on the ORPP

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 ...

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December 09, 2014 by Heather Di Dio in English, Ontario, Pensions and Benefits
  • Comments Off on Update on the new, mandatory Ontario Retirement Pension Plan

Update on the new, mandatory Ontario Retirement Pension Plan

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...

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July 28, 2014 by Heather Di Dio in Pensions and Benefits
  • Comments Off on Get ready for the new Ontario Retirement Pension Plan

Get ready for the new Ontario Retirement Pension Plan

Now that the 2014-2015 Ontario budget has been passed by the Ontario legislature, Ontario employers should think about how the new Ontario Retirement Pension Plan (ORPP) could affect them. The ORPP is part of the Ontario government’s solution to help...

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April 24, 2014 by Anneli LeGault in Employment Standards, English, Ontario, Pensions and Benefits
  • Comments Off on Benefits for Employees over Age 65

Benefits for Employees over Age 65

As of December 2006, the Ontario Human Rights Code was amended to abolish mandatory retirement. However, the provincial government intentionally did not make corresponding revisions to the Employment Standards Act or the Workplace Safety and Insurance ...

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September 19, 2013 by Mary Picard in English, Ontario, Pensions and Benefits
  • Comments Off on Fight over reduction of GM retiree benefits not over

Fight over reduction of GM retiree benefits not over

General Motors of Canada suffered a blow this summer when an Ontario court held that GM was not entitled to […]

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