If you maintain
a comparable registered pension plan and some Ontario employees do not participate in the plan because: (i) the plan is voluntary, (ii) certain groups of employees are ineligible to participate (e.g., casual employees), or (iii) there are waiting periods before joining the plan, these employees will also be required to participate in the ORPP unless and until they commence participation in your comparable plan.
Not exact matches
The Ontario
Registered Pension Plan comes into effect in 2017 for large employers that don't have
comparable workplace
plans.
Comparable workplace
pension plans are
registered pension plans that meet a minimum benefit / contribution threshold:
Organizations with defined benefit
registered pension plans: a
comparable plan has an annual benefit accrual rate of 0.5 % of the employee's annual remuneration
hybrid
registered pension plans (
plans that include DB and DC components) will also need to meet accrual / contribution thresholds in order to be considered
comparable.