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The impact of recent Ontario Pension Benefit Act changes

The impact of recent Ontario Pension Benefit Act changes

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November 21, 2012<br />

Grow-in - application<br />

Applies to an involuntary termination <strong>of</strong> an <strong>Ontario</strong> employee<br />

• but does not include termination as a result <strong>of</strong> willful misconduct,<br />

disobedience or willful neglect <strong>of</strong> duty that is not trivial and has not<br />

been condoned by the employer (i.e. for cause)<br />

Also does not apply to<br />

• voluntary terminations<br />

• contract or temporary workers with a definite term or contract or on<br />

completion <strong>of</strong> a specific task<br />

• construction industry employees<br />

• an employee on temporary lay-<strong>of</strong>f per the ESA<br />

• defined contribution pension plans<br />

10<br />

2012 <strong>Ontario</strong> <strong>Pension</strong> Changes

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