A pooled registered pension plan (PRPP) is a type of pension plan that is similar to a defined contribution plan; however, employer contributions are not mandatory. A PRPP pools contributions together to achieve lower costs in relation to investment management and plan administration. PRPPs can be offered to employers and to self-employed persons under federal jurisdiction and administrators of federal PRPPs must hold a licence issued by the Superintendent of Financial Institutions.
The federal Pooled Registered Pension Plans Act (PRPP Act) and Pooled Registered Pension Plans Regulations (PRPP Regulations) establish minimum standards that all federal PRPPs and PRPP administrators must meet.
A list of Pooled Registered Pension Plans and their corporate contact information can be found by clicking here.
More information is also available on the Pooled Registered Pension Plans web page of the Canada Revenue Agency's website.
Multilateral Agreement Respecting Pooled Registered Pension Plans