Retirement Compensation Arrangements

A Retirement Compensation Arrangement provides a means for an employer to make retirement savings contributions for higher income employees. These employees, typically, are unable to make the full 18% contribution to their retirement fund due to legislative ceilings imposed by RRSP and pension limits.

Designed to help your organization:
  • Expand your incentives program to reward and retain highly valued employees.
  • Maximize your employees’ retirement savings and secure their financial future.
  • Provide peace of mind for both you and your employees with the knowledge that funds held within the plan are in the hands of a professional trustee.


Concentra provides:

  • Skilled professionals to continuously monitor and interpret the Income Tax Act and Canada Revenue Agency (CRA) administrative policies.
    Preparation and execution of trust agreement.
  • Contribution processing.
  • Safe custody of the plan assets.
  • Release of funds to individual employees in accordance with the terms of the Agreement and remittance of refundable tax amounts to CRA.
  • Complete plan reporting to the employer; with individual plan statements for each employee participating in your program.
  • Easy access for your organization’s staff to obtain ongoing support and assistance via phone, fax or email.

Your organization:
  • Retains Concentra to receive and hold contributions.
  • Makes contributions in accordance with the terms of the Agreement and the Income Tax Act.