Canadian Child Care Retirement Income Plan
Creating sustainable career choices for Early Years Professionals
ABC Child Care
ABC Child Care enrolls Jen in the
Canadian Child Care
Retirement Income Plan
ABC Child Care provides a matching contribution for their employees into the Retirement Income Plan.
Jen and her family move and she continues her career with XYZ Child Care.
She is pleased to know that she will be able to continue her contributions to the Canadian Child Care Retirement Plan at her new employer.
Jen has a small RRSP of $5,000 and rolls it into the Retirement Income Plan
With an annual minimum of $1000 per employee, the Canadian Child Care Benefits Plan is Inclusive
Jen's new employer - XYZ Child Care provides a matching percentage towards employee contributions to the Canadian Child Care Retirement Income Plan.
Canadian Child Care Retirement has several options to choose from.
Jen - Age 25, ECE
Jen is happy to learn the ABC Child Care offers a great benefits package that includes a retirement income plan.
She contributes a % of her salary towards the plan.
Jen just graduated from an ECE program and is excited to start her career at ABC Child Care.
Canadian Child Care Retirement Income Plan is portable between participating child care centers.
Jen - Age 55
After a rewarding career in child care, Jen retires at age 55
With a well funded Retirement Plan, Jen chooses the Enhanced Income Option.