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Province Taking Next Step in Developing Ontario Retirement Pension Plan

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Province Taking Next Step in Developing Ontario Retirement Pension Plan

Ontario Launches Consultation Paper; Helping Build a Better Retirement for Future Generations

Ministry of Finance

The province is taking the next step in the development of the new Ontario Retirement Pension Plan (ORPP) with the release of a consultation paper inviting feedback on key design details of the plan.

With the goal of building a better retirement for Ontarians, the province is seeking feedback on essential components of the plan, including: 

  • Defining a comparable workplace pension plan: Since the ORPP is intended to help those without workplace pensions, workers already participating in a comparable pension plan would not be required to enrol in the ORPP.
  • A minimum earnings threshold: To reduce the burden on low-income workers, earnings below a certain threshold would be exempt from contributions, similar to the Canada Pension Plan (CPP). 
  • Supporting the self-employed: Since self-employed individuals have a unique status in the labour market as both employee and employer, the province is consulting on how to best assist them in saving for their retirement.

The province's four-part plan is building Ontario up by investing in people's talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives and building a secure pension plan so everyone can afford to retire. 

Quick Facts

  • The province is inviting responses to the consultation paper until Feb. 13, 2015. Feedback on questions related to delivery, administration and the phased implementation of the ORPP will be considered as the government moves toward implementation in 2017.
  • On Dec. 8, 2014, Ontario introduced legislation that would, if passed, commit the government to establishing the ORPP by Jan. 1, 2017 and lays out a framework for the creation of the ORPP.
  • In 2012, fewer than 35 per cent of workers in Ontario had a workplace pension plan. Coverage for workers in the private sector is even lower, with only 28 per cent having plan membership.
  • Studies show that a significant portion of Ontarians may not be saving enough to maintain similar living standards throughout their retirement years.
  • The Ontario Retirement Pension Plan would be administered by an arm’s length entity.
  • The ORPP is being developed with input from the Technical Advisory Group on Retirement Security, consisting of a group of experts with a range of perspectives, including participants from other provinces.

Additional Resources


“After a lifetime of working, Ontarians deserve a secure retirement. I am looking forward to engaging with communities, businesses and stakeholders across Ontario to build the best plan possible for the people of this province.”

Mitzie Hunter

Associate Minister of Finance (Ontario Retirement Pension Plan)

Media Contacts


  • Drew Davidson

    Associate Minister’s Office


  • Scott Blodgett

    Ministry of Finance




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