The future happens fast

CEIRP is a strong, secure, national plan

No one should have to keep working past retirement age simply because they can’t afford to stop. That’s why the Canadian Entertainment Industry Retirement Plan (CEIRP) was created, and as a member of one of the many participating unions/guilds, it’s a very significant – and important – part of your membership benefits.

  • Started as a Group RRSP in 2004 by IATSE Local 891 – and then it started to grow!

  • CEIRP is now the savings and retirement plan for most IATSE Locals, Directors Guild of Canada (DGC), Entertainment Partners Canada, Actsafe Safety Association and the B.C. Council of Film Unions.

  • Collectively, 34,584 members across Canada are contributing to grow their savings for life after work, with over $1.4 billion in the plan.

Create an easy way to save
and provide flexibility and choice for different savings needs and goals.
Negotiate super-low fees
to help you keep more of your money invested and earning over time.
Provide education opportunities and communication
to help you make good personal decisions about finances and savings.

Growing your savings

As membership grew, CEIRP was able to…

  • Leverage our size to negotiate lower investment management fees for members

  • Introduce more investing options. CEIRP offers a:

    • Registered Retirement Savings Plan (RRSP)
    • Tax-Free Savings Account (TFSA)
    • Non-registered savings plan (NRSP)
    • Registered Education Savings Plan (RESP)
    • Registered Retirement Income Fund (RRIF)

CEIRP’s Timeline

The Canadian Entertainment Industry Retirement Plan

CEIRP started as a Group RRSP in 2004 by IATSE Local 891 and then it started to grow! The organization is now the savings and retirement plan for most IATSE Locals, Directors Guild of Canada (DGC), Entertainment Partners Canada, Actsafe Safety Association and the B.C. Council of Film Unions. Collectively, over 33,000 members across Canada are contributing to grow their savings for life after work, with assets now over one billion.

2003

The IATSE Local 891 Retirement Committee and their consultant search for a comprehensive group registered retirement savings plan for their members.

2004

The “IATSE Local 891 Retirement Savings Program” with Great-West Life is launched. Investment management fees 1.10%.

2005

The plan is renamed the “IATSE Canadian Retirement Plan”. Three IATSE locals join. Now there are over 1,000 members and over $7M invested.

2006

CEIRP grows to 4,600 members with over $26M invested.

2007

CEIRP now 7,100 members with over $39M invested.

2008

The DGC joins. The plan is renamed the “Canadian Entertainment Industry Retirement Plan”. Now 11,500 members with over $58M invested.

2009

Six more IATSE locals join. Entertainment Partners Canada join. Now 12,000 members and over $87M invested.

2010

Investment management fees reduction to .99%. 12,200 members & over $112M invested.

2011

12,700 members with $137M invested.

2012

IATSE Local 634 joins. 13,200 members with $172M invested.

2013

Investment management fees reduction to .87%. 13,730 members with $220.6M invested.

2014

Tax-free savings account is added as an additional savings option. 15,001 members with over $266M invested.

2015

Actsafe Safety Association joined. Contributing through online banking introduced. Investment management fees reduction to .78%. 16,636 members with over $312.5M invested.

2016-17

RRIF launched in October 2016. IATSE Local 709 and IATSE Local 471 joined. Investment management fees reduction to .68%. By 2017, there are 21,448 members with over $476M invested.

2018-19

British Columbia Council of Film Unions join. IMFs down to .53%. By 2019, 25,580 members with over $655M invested.

2020-22

IATSE Locals 659 & 938 and DGC NL join. RESP launched. IMFs down to .48%. By 2021, 29,843 members with over $940.8M invested. In 2022, IATSE Locals 523, 863 & 250 join.