Ontario delays but does not kill ORPP

Postponement gives employers more time to adjust and government time to reach an agreement to enhance CPP
By Sheila Brawn
|Canadian Payroll Reporter|Last Updated: 03/01/2016

Large employers are going to have an extra year to prepare for Ontario’s new pension plan, provincial Finance Minister Charles Sousa says.

Responding to calls from a number of organizations, including the Canadian Payroll Association (CPA), to delay the implementation of the Ontario Retirement Pension Plan (ORPP), Sousa announced that employers with 500 or more employees that do not have registered workplace pension plans will not have to start paying ORPP contributions until Jan. 1, 2018. Contributions were supposed to start next January.