The Ontario government recently introduced legislation to create the Ontario Retirement Pension Plan (ORPP), a mandatory, occupational pension plan designed to supplement the Canada Pension Plan for employees not currently covered by a comparable workplace pension.
The ORPP will have significant implications for the business community. This video explains how the legislation will impact your business.
Why Save For Retirement?
- One third of Canadians age 60 or older are worried they’ll outlive their retirement savings.
- Two thirds of Canadian households expecting to retire in 200 are not saving enough to met necessary living expenses
- To ensure you have enough money for the lifestyle you want to enjoy
- The longer you save, the more you can accumulate