Getting Close

Get retirement ready

Through the CEIRP, you have access to a group registered retirement income fund (RRIF) that can help you turn your hard-earned registered retirement savings of $10,000 or more into a flexible source of retirement income. More info (PDF)

Watch the video

Other retirement income options

You may also be able to use a combination of the following options, depending on where your savings are currently:

Combine your savings

If you haven’t already done so, consider combining other savings you have into your CEIRP RRSP or TFSA. It’s more convenient and you‘ll typically pay lower fees compared to retail investments.

See the difference lower fees can make with My group advantage calculator (requires Flash).

  • Contact your plan administrator or phone Great-West Life at 1-800-724-3402 for a “Transfer authorization for registered investments” form and submit it to the financial institution holding your other registered savings. Be sure to ask the financial institution about any transfer costs or fees.

  • Contact your plan administrator or phone Great-West Life at 1-800-724-3402 for a “Transfer authorization for TFSA” form and submit it to the financial institution holding your other savings.

  • If you have money that’s still in an employer’s pension plan,you should check with them to see if you need to complete any paperwork before transferring that money to Great-West Life.

    If your money has already left your previous employer’s pension plan, just complete the “Transfer authorization for registered investments" form and submit it to the other institution. Be sure to ask your financial institution about any transfer costs or fees.

    Contact your plan administrator or phone Great-West Life at 1-800-724-3402 for a transfer form and submit it to the financial institution holding your other savings.

Helpful resources

Canada Pension Plan

Old Age Security program

Quebec Pension Plan

Road map to retirement (PDF)
One checklist for your journey to retirement.

To discuss your retirement income options, call Access Line at 1-800-724-3402, Monday to Friday from 8 a.m. to 8 p.m. ET.

smartPATH can help you get ready to retire

Visit this interactive website for educational tools and resources to help you turn your savings into retirement income.

www.smartpathnow.com