Group retirement savings

Are employer contributions to a group retirement plan mandatory in Canada?

No. Employers don’t have to contribute to a retirement plan anywhere in Canada. Outside Quebec, they don’t have to offer one either. In Quebec, an employer with enough eligible employees must offer a voluntary retirement savings plan (VRSP) or an allowed alternative, such as a group RRSP with payroll deductions, but doesn’t have to contribute to it. Many employers choose to contribute anyway, to attract and keep good people.

Reviewed by Garrett Agencies Ltd., October 2026. How we write

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Workplace savings plans that help your team save for retirement through payroll contributions.

Group retirement savings

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