Order in Council 1041/2022

On the recommendation of the undersigned, the Lieutenant Governor of Ontario, by and with the advice and concurrence of the Executive Council of Ontario, orders that:

Whereas Intellectual Property Ontario is an agent of the Crown established under Ontario Regulation 4/22 of the Development Corporations Act, R.S.O. 1990, c. D.10 as a corporation without share capital;

And whereas Intellectual Property Ontario has requested to be designated as a participating employer in the Public Service Pension Plan set out in Schedule 1, as amended, to the Public Service Pension Act, 1989 (PSPP) and in the Retirement Compensation Arrangement established under Order in Council 1298/2021, as may be amended from time to time (RCA);

And whereas the Lieutenant Governor in Council considers it reasonable and appropriate for Intellectual Property Ontario to join as a participating employer in the PSPP and in the RCA and for eligible employees of Intellectual Property Ontario to join the PSPP and the RCA;

And whereas members of the PSPP whose pension benefits under the PSPP exceed the maximum pension benefits permitted under the Income Tax Act (Canada) in respect of registered pension plans also participate in the RCA;

Now therefore pursuant to:

1. paragraph 2 of subsection 2(1) of the PSPP, all permanent full-time and permanent part-time employees of Intellectual Property Ontario are designated as a class of employees who are required to become members of the PSPP, in respect of service with Intellectual Property Ontario on and after May 1, 2022; and
2. paragraph 1 of subsection 2(2) of the PSPP, all fixed-term full-time and fixed-term part-time employees of Intellectual Property Ontario are designated as a class of employees who are entitled but not required to become members of the PSPP, in respect of service with Intellectual Property Ontario on and after May 1, 2022, and shall, upon filing a written election with the Ontario Pension Board, become members of the PSPP;

And further that Intellectual Property Ontario shall be an employer under the PSPP and the RCA for the purpose of the employees designated in this Order.