Simplified pension plan (SPP)

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This type of plan is available only in Quebec and Manitoba, and offers:

  • Flexible employer contribution levels, including ad-hoc contributions
  • Flexible employer plan designs, including withdrawal rules and portability
  • No need for a pension committee, which is required for a traditional pension plan
  • Simplified plan administration and reporting

For more information, visit the Quebec Opens a new website in a new window or Manitoba Opens a new website in a new window government websites.