Empower your employees to plan confidently for tomorrow.
A strong retirement plan shows your team you’re invested in their future. Workplace Benefits helps Canadian employers design affordable and high-performing group retirement plans that attract top talent, support financial well-being, and simplify long-term savings for employees.
Group retirement benefits are employer-sponsored savings programs that help employees prepare for life after work. These plans make it easy for team members to build long-term financial security while offering employers a competitive edge in attracting and retaining talent.
At Workplace Benefits, we partner with leading financial institutions across Alberta, British Columbia, and Ontario to design customized retirement solutions that balance cost, compliance, and employee value. Whether you’re a small business or a growing enterprise, our team works with all major carriers — including Manulife, Sun Life, Canada Life, and Industrial Alliance — to deliver plans that fit your goals.
Why Group Retirement Benefits Matter
Today’s employees expect more than a paycheque — they want a sense of financial confidence. Offering a retirement plan not only supports your team’s future but also strengthens your business in the present.
For Employees
Builds long-term financial stability and peace of mind.
Encourages consistent saving and smart investment habits.
Helps reduce financial stress and improve overall well-being.
For Employers
Enhances recruitment and retention in competitive industries.
Demonstrates a commitment to employee success beyond the workplace.
Boosts morale, engagement, and productivity.
A well-structured group retirement plan is more than a benefit — it’s a statement that your organization values people for the long term.
Types of Group Retirement Plans
Workplace Benefits offers a full range of group retirement savings options, each designed for flexibility, tax efficiency, and long-term value.
Group RRSP (Registered Retirement Savings Plan)
Work from anywhere in Canada. Our systems, processes, and communication tools are designed for remote success.
Deferred Profit Sharing Plan (DPSP)
Employer-funded plan that rewards employee loyalty and helps share in company success without requiring employee contributions.
Defined Contribution Pension Plan (DCPP)
Structured savings with fixed employer contributions — ideal for larger organizations seeking predictable budgeting and long-term employee value.
Tax-Free Savings Account (TFSA) Options
Allows employees to build savings with tax-free growth and easy withdrawal flexibility.
Combination Plans
Many employers blend RRSPs, DPSPs, and TFSAs to meet diverse employee needs and maximize retention impact.
What’s Typically Included in a Group Benefits Plan
A well-rounded group benefits plan often includes
Employer and employee contribution matching options
Dental care (basic, major, and orthodontic services)
Professionally managed investment portfolios
Employee education and financial wellness support
Online account access and digital reporting tools
Flexible vesting schedules and withdrawal rules
Integration with existing group benefit programs
With Workplace Benefits, you’ll receive clear reporting, easy onboarding, and full support for both employers and employees.
How Workplace Benefits Works With Employers
We simplify the complex world of group retirement planning with a transparent, four-step approach
Assess
We learn about your business goals, workforce demographics, and compensation structure.
1
Compare
As an independent broker, we source quotes and options from all major Canadian retirement providers.
2
Customize
We design a plan that aligns with your budget, culture, and retention strategy.
3
Support
Once implemented, we provide continuous education, renewals, and plan performance reviews.
4
Why Choose Workplace Benefits
We offer flexible ways to work together, depending on your business:
Independent Brokerage
We’re not tied to any carrier — we’re focused solely on your best interests.
Tailored Solutions
Custom-built plans that fit your company size, budget, and workforce needs.
Financial Expertise
Deep knowledge of group RRSPs, DCPPs, DPSPs, and hybrid plans.
Transparent Service
Clear communication, straightforward pricing, and unbiased advice.
National Reach
Serving employers across Alberta, British Columbia, and Ontario.
Frequently Asked Questions
Everything you need to know about employee health benefits
What’s the difference between a Group RRSP and a Pension Plan?
A Group RRSP is more flexible and allows voluntary employee contributions, while a pension plan (like a DCPP) has fixed employer contributions and more structured rules.
Are employer contributions tax-deductible?
Yes. Employer contributions to a registered group retirement plan are typically tax-deductible as a business expense.
Can small businesses offer group retirement plans?
Absolutely. There are scalable options — including Group RRSPs and TFSAs — ideal for small and growing businesses.
What happens if an employee leaves the company?
Depending on the plan type, employees can usually transfer their savings to a personal RRSP or new employer plan.
Do employees have to contribute to the plan?
Not always. Some plans are employer-funded (like DPSPs), while others are shared-contribution models.
Workplace Benefits designs cost-effective employee benefits & retirement plans across Alberta, BC & Ontario—helping businesses protect teams, control costs, and retain top talent.
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