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Group Retirement Services (GRS)

What’s Your Edge in the Talent ACQUISITION Marketplace?

GROUP RETIREMENT SERVICES (GRS)

Top talent today seeks more than just a paycheck—they want true financial security and long-term value. Offering Group Retirement Savings Plans (GRS) through your employee benefits package not only helps your business stand out in a crowded market but also attracts high-caliber candidates and inspires loyalty among your best people. 

What Do You Need To Know?

Grow Loyalty, Save More

Group Retirement Savings (GRS) plans offer small and medium-sized businesses powerful benefits that go well beyond simple pay:

Benefits of GRS

Offering a GRS plan helps differentiate companies in a competitive talent acquisition marketplace, showing prospective and current team members that their financial well-being matters.

Vesting schedules tied to employer contributions encourage employees to remain loyal, reducing costly turnover and retaining valuable knowledge within the organization.

Employer contributions to GRS plans are tax-deductible business expenses, providing immediate cost savings while helping invest in a more committed workforce.

Staff benefit from automatic, tax-deferred savings and access to diverse investment options, giving them confidence and flexibility for their future.

Implementing a group retirement plan is a strategic, cost-effective way to invest in both a business’s growth and its employees’ well-being

we understand that there's no one size fits all

So Here are the plan Types For You To Choose from

Recognizing that every business is unique, we offer a range of plan options to suit your needs and goals. Choose the retirement solution that fits best—for you and your employees.

Deferred Profit Sharing Plans (DPSPs)​

  • Employer-funded; no employee contributions required.
  • Flexible contributions based on profitability.
  • Encourages employee retention through vesting schedules

Group Registered Retirement Savings Plan (RRSP)

  • Employee contributions via payroll deductions.
  • Employer matches contributions.
  • Easy to manage, flexible, and tax-efficient.

Defined Contribution Pension Plans (DCPPs)

  • Joint contributions from employer and employee.
  • Funds locked in until retirement.
  • Predictable costs, promoting long-term stability and employee retention.

EASY ONBOARDING & QUICK LAUNCH on a user-friendly platform!

1

Set Up Plan

Select an employer contribution match, usually 2–5%, to build your retirement program.

2

Guidance & Support

Get personalized expert advice and access to an easy-to-use retirement planning platform.

3

Seamless Payroll Integration

Contributions are automatically managed and deducted through payroll for convenience.

Visualize the future

Retirement Calculator

Our company created this user-friendly calculator to help you clearly visualize your retirement savings potential. Adjust your numbers to instantly see how your contributions and timeline could impact your future goals.
GRS Calculator - Fixed Layout
🧮
Retirement Calculator
Adjust your retirement planning parameters
$65,000
25 years old
40 years until retirement
5%
3%
💰
Annual Contributions
Your yearly retirement savings breakdown
Employee Contribution
$3,250
5% of salary
Employer Match
$1,950
3% matching
Total Annual
$5,200
Combined contributions
📅
Pay Period Breakdown
How much comes out of each paycheck
Pay Frequency
Monthly
Employee
$271
Employer
$163
Total Per Period
$433
12 times per year
🎯
Retirement Projection
Your estimated retirement savings at age 65
At Age 65
(5% Annual Growth)
Total Value
$590,025
Total Contributions
$208,000
Investment Growth
$382,025
Over 40 years of contributions and growth
📊
Growth Chart
Visual representation of your retirement savings growth
Total Contributions
Investment Growth
$590,025
Total at Retirement
$208,000
Total Contributions
$382,025
Investment Growth
40
Years of Growth




Book a Consult With Your Benefits Advisor Today!

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    Warm Regards,
    Wescan Insurance Brokers
    info@wescaninsurance.ca
    Tel: 403-903-2898