Employment & Labour

Government introduces legislation to create a provincial pension plan

By Doug MacLeod

On Dec. 8, 2014, the Ontario government introduced Bill 56, which, if passed into law, will be called the Ontario Pension Plan Act, 2014.

Under Bill 56, employees who are not part of a pension plan and their employers would each be required to contribute 1.9 per cent of the employee’s earnings up to $90,000 each year to a provincial pension plan. Read More at MacLeod Law Firm Blog

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