Hon. Mitzie Hunter, Associate Minister of Finance, answers a question regarding “Ontario Retirement Pension Plan” on June 2, 2015.... ( read more )
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On June 2, 2015, Mitzie Hunter, the Associate Minister of Finance for Ontario, answered questions about the Ontario Retirement Pension Plan (ORPP), a new plan aimed at helping Ontarians save for retirement. The ORPP will require both employees and employers to contribute a portion of their salaries to a pension plan, with the goal of providing a steady income for individuals during retirement. The plan is set to begin implementation in 2017 for large employers, and in 2018 for small employers. In her responses to questions, Hunter emphasized the importance of the ORPP for Ontarians, citing statistics that show that many individuals are...
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