Retirement Plans

Retirement Plans

Being ready for retirement is an important part of financial wellness. The key to success is to start saving now. Wilbur-Ellis provides a group RRSP, through Canada Life, to help financially prepare you for your future. This plan offers a variety of investment options with low management fees, so you can make the most of your investments.

Eligibility/Auto-Enrollment

Once you reach 12 months from your date of hire, you are eligible to participate in the RRSP. On your anniversary, you will be automatically enrolled in our Matching RRSP Program, contributing 6% with a 3% employer match.

Watch for an email from Canada Life with login details to manage your investments and set your beneficiaries. To opt out or change your contribution, complete the RRSP Change Form under “Documents” and email it to AskPNC@wilburellis.com.

RRSP Contributions

All funds you contribute to your plan are immediately vested, this means your funds are 100% yours, always.

In addition, Wilbur-Ellis will make a discretionary match of 50% of the first 6% of your eligible pay. All funds WE contributes to your plan are immediately vested, this means your funds are 100% yours, always.

Helpful Tips on Saving for Retirement

  • Start saving as soon as possible to grow your retirement account.
  • Begin with small contributions, if necessary, and increase contributions over time.
  • Make setting aside money for retirement a habit.
  • Understand investment returns may fluctuate.

For more information visit mycanadalifeatwork.com or call 800-957-9777