Simplified Pension Plan (SPP)

The SPP is a simple, cost-effective plan that is administered by National Bank Trust for your convenience. Talk to your account manager.

Sign up over the phone

Already a SPP client?
1-877-413-1194 (toll-free)

How the SPP benefits employers

The SPP is a multi-employer plan, which reduces administrative costs.
Contributions and administrative fees are tax deductible.
As the SPP is a defined contribution plan, the employer does not assume any financial risk. The annuity depends on the total amount accumulated in the participant’s account at retirement.
The employee is responsible for providing investment instructions, not the employer.

How the SPP benefits employees

Participants can receive an immediate tax refund on their payroll contributions.
Contributions are vested immediately.
Voluntary contributions may be withdrawn before retirement or when the employee leaves the company, if the employer has given prior consent.

Call 1-877-413-1194 to apply (toll-free)

or

See our other solutions

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We’re here to answer your questions

Contact en

Are you a member of a plan?

Call us at 1-877-413-1194

For participating members, select option 1

For employers, select option 2

Are you an employer and wish to open a new plan?

Contact one of our Business Development Managers:

Erick Cloutier

514-912-5148
erick.cloutier@nbc.ca

Gabriel Pizzichemi

438-865-0595
Gabriel.pizzichemi@nbc.ca

Find answers to your questions