On February 16, the Ontario government announced that it will phase in the launch of the ORPP by starting enrollment in January 2017, one year later than the original start date, and that the rst phase of contributions will start in January, 2018. The announcement stated that this delay will provide more time for discussion among provinces and the federal government, on options for enhancing the CPP.
This means employers with at least 500 or more Ontario employees without registered pension plans will have to enroll in the ORPP in 2017, but no contributions will be made until January 1, 2018.
Information for Employees and Employers
All other implementation timelines previously announced remain unchanged. Therefore, contributions will start January 1, 2018 for employers with 50-499 employees and January 1, 2019 for employers with less than 50 employees.
On January 26, 2016, Ontario has provided clarity in
a number of areas including plan design, funding and administration of the ORPP. Highlights are described below and are subject to con rmation once the ORPP regulations are published.
CLICK HERE for Information for Employees and Employer.
CLICK HERE for an ORPP FAQ.