Pension plans in Canada as of January 1, 2021

July 18, 2022, 8:48 a.m. (EDT)

Participating in a registered pension plan, which is a pension plan established by employers or unions for employees, is an important employee benefit which provides a measure of security for those in retirement. Altogether, nearly 6.6 million Canadians were active members in a registered pension plan (RPP) in 2020, up 57,000 (+0.9%) from 2019.

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