Options for Retirees and for Group ERSP's
Offering your employees and prospective employees an employment retirement savings plan and a retirement benefit plan will help your company stand out in the competitive labour market because offering a retirement plan shows that you care about the well-being of your people. Not only will you be able to save on taxes in particular retirement vehicles, but you will also increase productivity. Show your employees that you’re in it for the long haul and keep them loyal for the long haul by offering a retirement plan to your team.
Employee Retirement Savings Plan (ERSP)
The ERSP provides employee retirement security to retirees.
For your employees, making contributions through payroll is a convenient way to save for retirement. They will also benefit from low investment fees and have access to financial resources, such as personal budgeting tools and investment education.
As a member of the ERSP, your company will receive support from group retirement plan experts, from the initial implementation to the ongoing plan oversight. The team of experts will support you in designing a retirement plan that aligns with your company’s specific goals and budget, while providing great value to your employees. We can make the whole process easy with on-site enrollment and education.Learn More
BCCA Retiree Plan
The BCCA Retiree Benefit Plan is a partnership with Pacific Blue Cross, which provides your employees with the option to convert to a customized health plan specifically for retirees. This plan ensures a continuous coverage for health, prescription drugs and dental expenses with no medical questionnaire.
In order to transition to the BCCA Retiree Benefit Plan for your retirement, the retiree must be 50 years or older, and must apply within 60 days of the date on which their group benefits coverage was cancelled.Learn More