Plan Members Login Plan Sponsors Login Advisors Login Help PRODUCTS Group Retirement Options Corporate Investment Options Personal Plan Group Retirement Income Plan ABOUT US CONTACT US PLAN MEMBERS PLAN SPONSORS ADVISORS SITE SECURITY RRSP SEASON	Group Retirement Options Products Voluntary Retirement Savings Plan (VRSP) Group Registered Retirement Savings Plan Defined Contribution Registered Pension Plan Deferred Profit Sharing Plans Employee Share Ownership Plan Non-Registered Savings Plan Features Products Group Retirement Options is one of the most comprehensive, technologically-advanced products available in the group savings market. With Group Retirement Options, we provide group savings products that give employers and members the right solutions for retirement savings including: Group Registered Retirement Savings Plans (Group RRSPs) This is an employer-sponsored savings program, approved by the Canada Customs & Revenue Agency, that permits tax deferred saving for retirement purposes. Contributions to a RRSP are tax deductible, and earnings on contributions are sheltered from taxes until they are withdrawn. Employers may wish to enhance the value they provide to employees by offering a Group RRSP in addition to, or in the place of a Group Pension Plan. Defined Contribution Registered Pension Plans (RPPs) This is a private pension plan, usually established by an employer on behalf of its employees to provide for their retirement years. With a defined contribution plan, the amount of the employer and employee contributions is fixed while the savings are accumulating, and the actual value of the pension is not known until retirement. Studies have shown that employees typically view a pension plan as a valuable component of their overall compensation. Deferred Profit Sharing Plans (DPSPs) This is a registered plan that enables a company to share profits on a tax-assisted basis with non-shareholder employees. Contributions to a DPSP are tax-deductible for the company and tax-sheltered for the employee until withdrawn from the plan. Employees are not eligible to contribute to DPSPs. Many employers find that by allowing employees to share in company profits, they are able to enhance employee productivity and loyalty. Employee Share Ownership Plan (ESOP) An employee share ownership plan is a savings vehicle that makes it easy for employees to become shareholders in the company they work for. Typically employees invest a portion of each paycheck in shares of their company and it is common for the employer to contribute to the employee's account, often on a matching basis. Share ownership can increase employee motivation and loyalty by giving employees a more tangible stake in the success of their company. Non-registered Savings Plans (NRSPs) This is a savings plan that an employer may establish where employee and/or employer contributions are made on an after-tax basis. This type of plan may be attractive to employers who want to offer another savings vehicle to members who have reached their limit for registered investments. Features Group Retirement Options features include: a wide range of guaranteed and segregated fund investment options, including asset allocation funds the tools, such as retirement calculators & Investment Reports, and services to make investing easy and convenient assistance with on-site member enrolment and annual review meetings, as well as one-on-one retirement planning services available over the phone comprehensive financial reporting with detailed plan-level information and easy-to-read member statements that include Personal Rate of Return reporting a secure Internet site that allows plan members and administrators to manage their accounts online. plan members can also do many of these same transactions over the phone using the secure Interactive Voice Response (IVR) phone service. easy-to-use retirement planning booklet, worksheet, calculators, regular reports and fund manager profiles. Manulife Financial is committed to helping members become more educated investors through award winning communications and educational material. Group Retirement Options provides you with the group savings solution that best meets your business requirements; and makes the plan easy for you to administer.