Plan types

​​To choose the right group retirement savings plan, the first step is determining the needs of your business and your employees.1

Your needs

Key features of six group retirement savings plans
You want to...RRSPDPSPSPPDCPPTFSAVRSPESPP
make contributions to your employees’ pension planIncludedIncludedIncludedIncludedIncludedIncludedIncluded
lock in funds until retirementNot includedNot includedIncludedIncludedNot includedIncludedIncluded
increase your contribution when an employee increases his or hersIncludedNot includedIncludedIncludedIncludedNot includedIncluded
make contributions only if your company makes a profitNot includedIncludedNot includedNot includedNot includedNot includedIncluded
adjust your contributions based on employee performanceNot includedIncludedNot includedNot includedNot includedNot includedIncluded
give your employees immediate ownership rights to your contributionsIncludedIncludedIncludedIncludedIncludedIncludedIncluded

1. This text is for information purposes only. Refer to the policy for all conditions, exclusions and restrictions.

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