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Retirement income plan table

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Not sure which retirement income plan to choose? To learn more about the features and advantages of these plans, refer to the appropriate columns in the table below.

Which retirement income plan is right for you?

Group LIFGroup RRIF
Registration and jurisdictionSpecimen plan registered by issuerSpecimen plan registered by issuer
Fees payable to regulatory authoritiesNoNo
Eligible employeesAllAll
Minimum employer contribution required NoNo
Employee contributions NoNo
Spousal contributionsNoNo
VestingN/AN/A
Locking-in YesNo
AdministrationN/AN/A
Annual meetingNot requiredNot required
Investment

Individual instructionsIndividual instructions
Investment policyNot requiredNot required