Simulator

Group savings and retirement

Do the math

PPP ® RRSP

Assumptions set by the CRA

  • Salary increase: 5.5%
  • Rate of return: 7.5%
  • Payment indexing after retirement: 3%

Our capabilities

For a more precise and detailed simulation, you can complete the Member Profile form which can be found in the Useful Documents section.

By switching from an RRSP to a PPP®:

  • The PPP® can guarantee you a set retirement income.
  • You’ll enjoy a higher contribution limit, meaning you can build more retirement savings
  • All of your contributions are tax-sheltered, just like in an RRSP
  • Payroll contributions are not applicable to contributions made to a PPP®

The PPP® gives you access to higher retirement income.

Although the PPP® and the RRSP are two very different products, those who are eligible for the PPP® might tend to think of it as an upgraded RRSP. However, when we take a closer look at the features of these two plans, the differences become clear and we can see how a PPP® can offer members a higher retirement income.

Services provided with the PPP®