Canada. Non-profit workers offered chance to join Ontario public sector pension plan
As many as one million Ontarians who work for registered charities and non-profit organizations will be eligible to join the provincial government pension plan under an agreement being announced Monday.
The Ontario Nonprofit Network, which advocates on behalf of the province’s 58,000 charities and non-profits, is recommending OPTrust as the sector’s first defined-benefit pension provider.
The new OPTrust Select plan will be available to every registered charity and non-profit in Ontario, whether it has one employee or hundreds, said the network’s executive director, Cathy Taylor.
Everything from non-profit arts and culture organizations, daycares, sports and recreation facilities to health and social service providers will be invited to participate.
Read more Thestar
