Manulife's PRPP is a workplace retirement savings plan that is easy for Canadian employers to set up and understand. See how it works.

Entirely new workplace retirement savings plan coming soon

The federal government passed the Pooled Registered Pension Plans (PRPP) Act in 2012, formally recognizing that greater access to workplace savings programs is needed to help Canadians adequately save for retirement.

PRPPs will improve the range of retirement savings options available to those who do not already have access to a pension plan, such as the self-employed or employees of companies that do not currently offer a workplace retirement savings plan.

The PRPP will be a great tool for business owners to help foster employee morale, retain their best people and attract top talent.

Each province must pass its own PRPP legislation before the plan can be provided to private businesses and self-employed individuals within the province. On December 3, 2013 Quebec took an impressive step forward by passing the Voluntary Retirement Savings Plan Act (VRSP), becoming the first Canadian province to make implementing a workplace retirement savings plan mandatory for employers. The VRSP will come into effect in Quebec on July 1, 2014. (The VRSP is Quebec’s version of the Pooled Registered Pension Plan.) You can learn more about VRSPs in Quebec at

This site will provide you with an overview of the PRPP and how it will help small business owners and employees. Before Manulife or any company can offer you a PRPP, all potential administrators must apply to the regulator(s) for licenses to act as administrators and seek regulatory approvals for their proposed product. We’ll keep you informed as developments progress.

Simple and cost-effective solution

Unlike other pension plans, the PRPP will be simpler to set up and easier to maintain, with minimal administration required by business owners.


Manulife – your PRPP partner

As a recognized leader in providing group retirement solutions to Canadian businesses, Manulife is developing a cost-effective, worry-free PRPP solution for your company and your employees.


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Business owners

Focus on what you do best.

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Simple solution

Save a little today... enjoy more tomorrow.

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Manulife - your PRPP partner

Recognized leader in group retirement solutions.