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Deductions from the Ontario Retirement Pension Plan will start coming off paycheques in less than a year, but the province still can’t say how much it will cost to run.

Premier Kathleen Wynne was joined by two ministers Tuesday to announce more details of the pension plan, including the fact spouses or a designated beneficiary can reap its benefits after a contributors dies. And like the Canada Pension Plan, those benefits will be indexed to increases in wages and the cost of living.

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An independent actuary will be able to approve 0.2 per cent contribution increases if the fund runs low on cash and anyone earning less than $3,500 a year will be exempt from enrolling.

Those tidbits and some technical details prompted Wynne and Associate Finance Minister Mitzie Hunter to proclaim the design of the ORPP is “now complete.”

That design, however, excludes one key point: how much the administration of the plan will cost. CPP, for example, costs about 1.2 per cent each year to run, and many private sector pension plans costs between two and three per cent, though it can be higher.