DC plans are defined as comparable with a minimum annual contribution rate of 8%, and employers must match at least 50%
Using the CRA to help implement the ORPP would be in line with existing practice, the province says
Introduction of provincial plan means clients would substitute their TFSA or RRSP investments for the mandatory public pension
Advisor and others are concerned about the structure of the pension plan and are waiting for more information before discussing it with clients
Ontario approves bill to create provincial pension plan starting Jan 1. 2017
Province also looking for potential third-party service-delivery providers for pension
The Ontario government is reviewing the more than 1,000 submissions made during the consultation process
The Ontario government needs to recognize Defined Contribution plans as “comparable”
Debate is heating up over the features and application of the proposed public pension plan taking shape in Ontario