NHLPA WEIGHS IN ON ONTARIO PENSION PLAN

Mar 10, 2016

By Andy Johnson

Share on

Hockey millionaires want an exemption from the made in Ontario Pension Plan.

nhl players

The NHL Players Association is asking Queen’s Park to allow exemptions to players for the Ottawa Senators and Toronto Maple Leafs.   The players’ average salary is $2.5 million and they’re collective agreement already provides a generous pension plan but it’s based on U.S. law.

Mitzi Hunter, the minister in charge of implementing the pension scheme, says it will have to be determined if the US based pension plan amounts to a comparable workplace plan.

If they fail to get the exemption, the players contribution would be capped at about $1,600 a year and that would have to be matched by the teams.

 

Zoomer Kids
You Don't Have To Be A Zoomer To Love Zoomer Radio.
Check out what the Kids have to say!
Join Our Fan Club
Coverage Area
Downtown Toronto
96.7FM
Toronto HD
96.3 HD-2
Kingston to Windsor, Parry Sound to Pittsburgh
AM740
ZoomerRadio Logo

Recently Played: