Plan information › Features & benefits
Welcome to the Canadian Red Cross Group Retirement Program
The Canadian Red Cross (CRC) has taken the first step toward helping you save for your retirement by offering this retirement program, now it's up to you to take the next step and join.
This website contains information about your investment options and the services available to you as well as instructions for joining the Group Retirement Program. Once you’ve joined the plans, use this website to access your accounts and get updated information about the CRC Group Retirement Program.
Benefits of the CRC Group Retirement Program
You'll benefit from these advantages by participating in the CRC Pension Plan and Group RRSP:
- A convenient way to saveMaking regular payroll deductions is a great way to save. Often, you won't miss small amounts of money and those regular contributions can build significantly over time.
- Immediate tax reductionRegular payroll contributions are taken from your gross pay before payroll taxes are calculated. This reduces the amount of your income that’s taxed. You’ll only pay income tax on the remaining portion of your salary, so you’ll enjoy tax savings on each pay throughout the year.
- Tax-deferred growthGrowth you realize in registered plans is tax-sheltered until you withdraw funds.
- Competitive Investment Management FeesTake advantage of the lower-than-retail Investment Management Fees (IMFs) offered by the CRC Group Retirement Program. Lower IMFs leave more of your savings growing for your retirement.
- Leading fund managersThrough the CRC Group Retirement Program, you have access to some of the world’s leading fund managers and their funds. Many of these funds aren’t available to individual investors.
- Consolidate your savingsYou can transfer money you hold at other institutions to the RRSP, allowing you to enjoy these benefits for all of your retirement savings.
Review the details of the program and join the program to start saving,