You can submit your VRSP application online today. If you need help or have questions, you can also call the Client Relationship centre at 1-800-387-7262 from 8 a.m. to 5 p.m. ET Monday to Friday.
Why a savings plan?
Money is the biggest source of stress in the workplace, and it can significantly impact your employees’ health. Give your employees peace of mind by equipping them today with the tools they need to save and help support their financial wellbeing. You'll have employees who are healthy, more productive, engaged... and happy.
For the health of your business
For your employees' mental and physical health
For your employees' financial health
What are my options?
Since 2014, many small and medium-sized enterprises (SME) in Quebec are required to offer a workplace retirement savings plan to their employees. For more information, visit the Retraite Québec website.
A VRSP is only one of the many options available to small business owners in Quebec. Explore the available options to find the plan that best suits your business.
Why choose us?
It's easy. We have been the largest provider of group retirement services in Canada for close to 15 years. We have ranked first for assets under management in the pension industry every year since 20021.
When you choose Sun Life, you're opting for:
A simple and effective process for your small business
Advisors who are there for you every step of the way
Demonstrated expertise at every level
Access to best practices and innovative solutions
1Benefits Canada, 2015.
Four steps to a VRSP
So you've decided to help your employees reach their savings objectives. Congratulations! The retirement savings plan implementation process at Sun Life is easy. You're nearly there!
Under provincial legislation, you are required to notify your employees in writing of your intention to offer a VRSP at least 30 days before the effective date of your contract with us. To do this, you can use a sample notice letter like this one to advise your employees that the plan is coming into effect at a future date.
Enrol your employees in the plan and send the information to us.
Deduct contributions at source and remit them to us.
Find a wide range of ready-to-share educational and communication resources in the Sponsor Communications Hub to help support your employees’ financial wellness.
