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CLHIA calls for one-year delay to ORPP


Release Date: 02/11/2016
Source: Benefits Canada
Staff Reference:
Noeline Simon

Jennifer Paterson

The Canadian Life and Health Insurance Association (CLHIA) has called for a one-year delay of the ORPP.

In its 2016 Ontario Budget Submission, written to Ontario Minister of Finance Charles Sousa, it said the implementation of the plan should be deferred by one year to address the significant uncertainties that remain with respect to plan design, administration and investment functions, and permit other governments to more fully assess possible enhancement of the Canada Pension Plan.

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