Ontario Retirement Pension Plan (ORPP)
The ORPP is mandatory for employers without a comparable workplace pension plan. Employers will contribute up to 1.9% on an employee’s annual earnings up to $90,000. Both employers and employees will make equal contributions. The ORPP minimum earnings threshold (the amount a plan member earns before they begin making contributions) will be $3,500 for eligible employees between the ages of 18 Read more about Ontario Retirement Pension Plan (ORPP)[…]