Lear more about the expected changes to the retirement savings behavior of members, the plan design to integrate with enhanced CPP, the changes to members and how to keep them engaged, and what you can do to prepare now…
Tag: Retirement Savings Plans
Québec Budget Announces New Voluntary Retirement Savings Plans for Employees
In its March 17, 2011 budget, Québec announced that it would implement voluntary retirement savings plans (VRSPs) for all workers who do not have access to a private pension plan. VRSPs will be capital accumulation plans (defined contribution savings plans) administered by third parties such as financial institutions. The financial institutions that offer these VRSPs…