What are the criteria for calculating the number of eligible workers in a company that has several places of business?
The number must be calculated based on the legal form of the company :
Franchises: Count the number of eligible workers in each franchise, since they have different employers
Employer with a single Québec enterprise number (NEQ) but who manages several places of business: Count the total number of eligible workers in all the places of business
Employer whose head office is outside Québec: Count the number of eligible workers in the places of business in Québec only, depending on the legal form of the company.
What are the possible consequences if an employer does not comply with their obligations under the Voluntary Retirement Savings Plans Act?
A complaint may be filed against the employer with the CNESST. If the complaint leads to criminal proceedings, the employer may be liable for a fine of $500 to $10 000 for failing to offer a VRSP or a fine of $600 to $1200 in other cases under the CNESST’s jurisdiction. Fines are doubled in the event of a repeat offence.
Does an employer have to establish a VRSP if some of their workers have the option of contributing to a pension plan or a TFSA?
If a TFSA, an RRSP (registered retirement savings plan) or an RPP (registered pension plan) is offered in the company, the employer is obliged to offer a VRSP to eligible employees who cannot contribute to the TFSA, RRSP or RPP.