Ontario budget reintroduces ORPP and clarifications to pension rules; Federal Government introduces consultation paper on strengthening financial literacy amongst seniors

These are among the subjects included in the current issue of the Morneau Shepell News & Views, a monthly publication dedicated to providing insights to its clients in Canada

TORONTO, July 24, 2014 /CNW/ - In the current issue of its newsletter, News & Views, Morneau Shepell examines the reintroduction of the Ontario Retirement Pension Plan (ORPP) as a part of the July 14, 2014 budget. The current issue also analyses the new consultation paper released by the Federal Government aimed at improving the financial literacy of seniors.

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Morneau Shepell is the largest company in Canada offering human resources consulting and outsourcing services. The Company is the leading provider of employee and family assistance programs, as well as the largest administrator of retirement and benefits plans and the largest provider of integrated absence management solutions in Canada. Through health and productivity, administrative, and retirement solutions, Morneau Shepell helps clients reduce costs, increase employee productivity and improve their competitive position. Established in 1966, Morneau Shepell serves more than 20,000 clients, ranging from small businesses to some of the largest corporations and associations in North America. With approximately 3,500 employees in offices across North America, Morneau Shepell provides services to organizations across Canada, in the United States, and around the globe. Morneau Shepell is a publicly-traded company on the Toronto Stock Exchange (TSX: MSI). For more information, visit morneaushepell.com.

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For further information: Nathan Gibson, Manager, Corporate Communications, Morneau Shepell, 416-390-2641, ngibson@morneaushepell.com