Pension Benefits

Group RRSP's

Group RRSPs are a collection of individual RRSPs grouped together for administrative purposes. Typically sponsored by an employer, union, or professional association, group RRSPs are managed by financial institutions, securities dealers or insurance companies.

Integratis act's as the intermediary between the sponsor and the manager to ensure all issues are looked at in depth to provide the best solution for your specific group or situation.

Contact Integratis for information regarding Group RRSP plans. We can help design, implement, educate and take to market.

Defined Contribution Pension Plan

In a defined contribution pension plan, the employer guarantees the contributions they make to your plan but not your income at retirement.

The pension depends on the following:

• Performance of the investments in the fund over the life of the plan
• Interest rates if the pension is converted to an annuity
• Life expectancy of the pensioner if the pension is converted to an annuity

Other benefits of this plan include the following:

• Contributions to the plan are tax-deductible for both you and your employer
• Any growth from investments is tax-sheltered
• Money invested in a fund is administered by a professional money manager

Contact Integratis for information regarding Defined Contribution pension plans. We can help design, implement, educate and take to market.

Defined Benefit Pension Plan

Defined benefit pension plans guarantee a specific amount of pension at retirement. This amount is usually calculated based on earnings and the number of years of service.

Defined benefit plans may be financed solely by the employer, or through contributions made by both the employee and employer. Contributions are generally calculated as a percentage of income, while the employer's contribution may vary from year to year.

Contact Integratis for information regarding Group RRSP plans. We can help design, implement, educate and take to market.