The Nursing Homes and Related Industries Pension Plan is a hybrid defined benefit multi-employer plan. The plan was set up on January 1, 1989. It is now responsible for the retirement income of over 33,500 nursing and retirement home employees throughout the province of Ontario. The Plan Assets have increased to $568,026,438.90 as of March 31, 2009.  To date a monthly benefit is being paid to 4,493 retirees. Contributions are based on a percentage of pensionable earnings. The employer is obligated to contribute the same dollar amount as the employee.   

The pension benefits you receive from this Plan are paid for through contributions from both you and your employer. The benefits payable to you is determined by the total contributions received on your behalf and, if applicable, your eligible years of employment prior to making contributions to the Plan.

An administrative Fund Office has been retained to carry out the day-to-day operations of the Plan. Heading this office is an Administrator who has been hired to manage the administration and record keeping affairs of the Plan. In addition, the Administrator is there to assist you in answering any questions or completing your pension application. The Administrator also oversees a support staff to assist in the operation of the Plan.

This summarizes the official rules and regulations in the NHRIPP Plan Text, but it is only a summary.  If there are any discrepancies between this document and the Plan Text, the Plan Text will govern.  If you wish to review all the details of the Plan, you should review the Plan Text and the Declaration of Trust, both of which are available upon request from the Fund Office.  If there are any discrepancies between the English-language and the French-language versions of the Plan Text or the Trust Agreement the English-language versions will prevail.

If you have any questions about the Pension Plan, please contact the Fund Office.                                                        If there is an address change please click here

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