Sentences with phrase «registered workplace pension»

Large and medium employers (with 50 or more employees) without a registered workplace pension plan are required to contribute starting January 1, 2018;

Small employers (with 50 or fewer employees) without a registered workplace pension plan will be required to contribute starting January 1, 2019; and

Medium employers (with 50 - 499 employees) without registered workplace pension plans start contributions Jan. 1, 2018.

Not exact matches

Pooled Registered Pension Plans will be government - regulated, private - sector funds aimed at the more than 60 per cent of Canadians who are not saving for retirement via a workplace pension and payroll deduPension Plans will be government - regulated, private - sector funds aimed at the more than 60 per cent of Canadians who are not saving for retirement via a workplace pension and payroll dedupension and payroll deductions.

If you don't already have a workplace savings plan, you can set up a Pooled Registered Pension Plan (PRPP) that:

Pooled registered pension plan (PRPP) Federally regulated employers and self - employed individuals can get a simplified workplace savings plan with a Manulife Pooled Registered Pension Plregistered pension plan (PRPP) Federally regulated employers and self - employed individuals can get a simplified workplace savings plan with a Manulife Pooled Registered Pension Plan pension plan (PRPP) Federally regulated employers and self - employed individuals can get a simplified workplace savings plan with a Manulife Pooled Registered Pension PlRegistered Pension Plan Pension Plan (PRPP).

The PRPP (pooled registered pension plan) is a more recent workplace pension program that behaves more like a defined - contribution plan, but is by no means universal and places investment risk on the shoulders of plan participants.

Another major initiative is the Ontario Registered Pension Plan (ORPP), a compulsory defined benefit plan requiring equal 1.9 % employee and employer contributions (up to income of $ 90,000) for workplaces without employer pensions.

an announcement to introduce framework legislation in the Fall for the introduction of Pooled Registered Pension Plans — workplace defined contribution pension plans administered by financial institutions instead of empPension Plans — workplace defined contribution pension plans administered by financial institutions instead of emppension plans administered by financial institutions instead of employers;

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:

Wave 2 — Medium employers (50 — 499 employees) without a workplace registered pension plan as of August 11, 2015.

Wave 1 — Large employers (500 employees or more) without a workplace registered pension plan as of August 11, 2015.

Wave 3 — Small employers (50 or fewer employees) without a workplace registered pension plan as of August 11, 2015.