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Posted by on Feb 2015 in All Stories, News Updates | 0 comments

The Ontario Retirement Pension Plan (ORPP): Updates for non-profits

The ORPP is designed to replace approximately 15 per cent of an employee’s pre-retirement income. It mandates equal employer and employee contributions of no more than 1.9 per cent of the employee’s annual income each, up to a maximum income of $90,000. That means that both the employee and the employer will contribute 1.9 per cent to the employee’s pension fund for a combined contribution of 3.8 per cent.

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Posted by on Feb 2015 in Advocacy, All Stories, News Updates | 0 comments

ONPHA makes recommendations for the 2015 Ontario budget

ONPHA makes recommendations for the 2015 Ontario budget

This spring, the Ontario government will table its 2015-16 budget, which is expected to be a tight balance between fulfilling the Province’s social justice agenda, maintaining commitments to infrastructure investment, and continuing to eliminate the debt. ONPHA was invited to provide feedback as part of the Province’s pre-budget stakeholder consultation process.

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