Is a PRPP/VRSP the right retirement plan for you?

A Pooled Registered Pension Plan (PRPP)—or a Voluntary Retirement Savings Plan (VRSP) in Quebec—is a new kind of pension plan that will make it possible for millions of people to have easy access to a retirement savings plan.

To learn about this new plan and how you can take advantage of it, simply navigate through this site. Since the applicable plan provisions vary based on the employees’ province, make sure you first select the province where you have employees.

If you have employees in Quebec, remember that you may be required to offer such a plan.


This new type of retirement savings plan has several features that make it appealing to both employers and employees:

  • Automatic employee enrollment
  • Pre-selected investment options
  • Tax effectiveness
  • Low management fees
  • Ease of administration