Close to half approve of Ontario Retirement Pension Plan

| Filed under: Ontario, Social Issues

Close to half approve of Ontario Retirement Pension Plan

Approval steady since last year

TORONTO March 1st - In a random sampling of public opinion taken by the Forum Poll among 1148 Ontario voters, close to half approve of the Ontario Retirement Pension Plan (ORPP), intended for introduction in 2018, as a supplement to the Canada Pension Plan or CPP (44%). In turn, just more than one third disapprove of this supplementary pension plan (37%), and as many as a fifth have no opinion (19%). Approval of the ORPP is especially common to boomers (55 to 64 - 49%), females (46%) rather than males (42%), those in the very highest income bracket ($100K to $250K - 50%), in Toronto (52%), among Liberals (65%) and New Democrats (52%) but not PC voters (27%), and among mothers (48%).

This stands in comparison to November, 2015, when an equal percentage (44%) approved of the ORPP as a supplement to the CPP and just fewer disapproved (34%).

 While the ORPP does not garner massive support, it is clearly preferred to no ORPP, and Ontarians recognize the necessity of adding some oomph to their pensions," said Forum Research President, Dr. Lorne Bozinoff.

Lorne Bozinoff, Ph.D. is the president and founder of Forum Research. He can be reached at lbozinoff@forumresearch.com or at (416) 960-9603.