Expanding Initial Payroll Collection to Our Final Group of Clients

On October 5, we’re introducing initial payroll collection to a select group of clients who meet the following criteria:

• plans who offer some combination of RRSP, TFSA and/or DPSP
• plans who currently have digital enrolment (ENROL) but no payroll monitoring

The new feature is designed to enhance the digital enrolment experience for plan members. Plan members can now provide their initial payroll contribution instructions directly during the enrolment process. This will help simplify onboarding and make it easier for plan sponsors to begin payroll deductions promptly and for plan members to start saving toward their retirement and broader financial goals sooner.

This enhancement brings payroll contribution setup into the digital enrolment journey, creating a more streamlined experience for both plan members and plan sponsors. Payroll contribution details will also be available through the online enrolment report. Plan sponsors can use this information to start payroll deductions and calculate any matching contributions (where applicable).

Our one-page overview summarizes how initial payroll collection works and the benefits it offers for plan sponsors and plan members.

Questions? We’re here to help.

Please contact your Sun Life Group Retirement Services Representative.