In addition to convenient payroll deductions, you can choose to contribute to your RRSP in other ways
Online banking
- Just search for “Canada Life Group RRSP” in the bill payments section of your bank’s website.
- Enter your plan number 62724 and certificate number (without spaces) to create the account number.
Pre-authorized cheques (PAC)
Set up a regular PAC through MyCanadaLifeAtWork.com
Lump-sum deposit
- Complete the “Lump-sum deposit to a retirement plan” form.
- Submit the form with a cheque payable to Canada Life Insurance Company.
- Mail to Canada Life Group Retirement Services 255 Dufferin Avenue, T540 London, ON N6A 4K1
Transfer funds from your CEIRP NRSP or TFSA
Call Canada Life at 1-833-531-6418 each time you wish to make a transfer.
Transfer an RRSP from another financial institution
- To transfer to your Canada Life account, complete the “Transfer authorization for registered investments” form.
- Submit the form to the other institution or send it to Canada Life and they will take care of it for you.
- Be sure to ask your financial institution about any transfer costs or fees.
Transfer locked-in funds (funds that originated in a pension plan)
- If you have money that’s still in your employer’s pension plan, you should check with them to see if you need to complete any paperwork before transferring that money to Canada 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. You’ll find all forms on mycanadalifeatwork.com. You can also call Canada Life at 1-833-531-6418 for forms, more information and help with all transfers into the CEIRP.
