On Friday, November 29, 2013, the Ontario Ministry of Finance
released a paper titled "Securing Our Future Strengthening Retirement Income
in Ontario Through Pooled Registered Pension Plans".
The paper constitutes a consultation framework for pooled
retirement pension plans (PRPPs) in Ontario. The paper
provides background information on the federal model and sets out
discussion questions on specific parameters of a possible PRPP
framework for Ontario.
Submissions must be received by January 20, 2014 and can be sent
by email to pension.feedback@ontario.ca or by regular mail
to Framework for Pooled Registered Pension Plans, Strategic Pension
Reform Secretariat, Ministry of Finance, 7 Queen's Park
Crescent, 5th Floor, Frost Building South, Toronto, ON M7A
1Y7.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
