Government Pension Plans, Group retirement plans and RRSP plans play a major role for most Canadians in saving for their retirement.

 Below are some options available when putting together a group retirement plan:

  1. Contribution levels: Should the plan be funded by an employer or employee contribution? Percentage? and should there be a matching program?
  2. Contribution Flexibility: Should contributions be linked to years of service, profitability, discretionary and should contributions be uniform?
  3. Vesting and Eligibility: Should the plan vest immediately? Who should be eligible for the retirement plan and after how long?
  4. Administration: Is plan administration practical given the size of the workforce and the objectives of the plan?
  5. Costs: What are the costs associated and are the costs reasonable given the objectives of the plan?


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