Contribution to the Plan must be sent monthly by the participating employers on behalf of the employees. The cheque must be made payable to the Teamsters and Participating Employers of Ontario Pension Plan, and mail to:
Attn: Pension Department
BENEFIT PLAN ADMINISTRATORS LIMITED
P.O. Box 3071, Station A
Mississauga, Ontario L5A 3A4
The contribution rate is outlined in the Collective Agreement. Contributions must arrive no later than the 20th day of each month for the previous month.
The pension Contribution Report (right box on the right) must also accompany the cheque each month. The participating employer is requested to identify all terminations, lay-offs, deaths, retirements, maternity, sicknesses, and transfers to other participating employers in the remarks column of the form.
When a new employee first becomes a Member of the plan, the members name and social insurance number must be added to the report. The employee's Plan enrolment card should be completed and submitted along with the report.
If you, as the employer, do not wish to utilize the monthly pension contribution report provided by the administrative agent, please notify them to see if an alternative form of reporting can be used and is acceptable.