Category: Pooled Registered Pension Plans (PRPPs)

Today’s Benefits/Pension Education Session – Great Turnout!

The ENCOMPASS Team was pleased to see so many Okanagan organization’s attend today’s Breakfast Education Session. The speakers and topics were very informative. Topics included: Drugs – Are you ready for this freight train of change? – Presented by Harold Gutovich, a Prescription Drug ‘Expert’ from Great-West Life. Pooled Registered Pension Plans – The Latest Update  […]

Kelowna Benefits/Pension Breakfast Education Session – May 23, 2013

ENCOMPASS Benefits is pleased to announce our next Breakfast Education Session in Kelowna. DATE:  Thursday, May 23, 2013 TIME:  7:30-9:15am LOCATION:  Ramada Hotel, 2170 Harvcey Avenue, Kelowna, BC Agenda Drugs – Are you ready for this freight train of change? – Presented by Harold Gutovich, a Prescription Drug ‘Expert’ from Great-West Life. – See Harold’s Bio below […]

PRPP Introduced in B.C. but then Stalled

The Pooled Registered Pension Plan (aka PRPP) was getting closer to coming to fruition in British Columbia as per the February 28, 2013 announcement (see article below). However, on March 14, 2013, Bill 16 (the B.C. Pooled Registered Pension Plans Act) died on the order paper leaving a newly elected B.C. government to reintroduce another PRPP Act after the upcoming May […]

Strong Support for PRPP

The results of a recent nationwide survey show many Canadians are concerned they do not have the means to properly save for retirement – and the majority believe Pooled Registered Pension Plans (PRPPs) would help address this fear. According to the survey data: 64% of respondents support the introduction of PRPPs over an increase to […]

Recent PRPP Update

Further to our earlier post about Pooled Registered Pension Plans (PRPPs), a new voluntary large-scale defined contribution pension plan, the federal government has proposed further regulatory details about some of the potential rules and regulations. For all the proposed details, please visit the government website. Here are some highlights that affect you, the employer (and the PRPP […]

Pooled Registered Pension Plans (PRPPs)

Did you know? 60% of Canadians do not have a pension plan and that the current pool of CPP dollars is not enough to provide a pension for future retirees in Canada? The Changes The federal government recently introduced a framework for Pooled Registered Pension Plans (PRPPs).  The purpose of a PRPP is to provide […]

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