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Retirement Plan (RRSPs & TFSA)

Saving for retirement is about creating the future you want. It means setting aside enough money to do what matters most to you, whether that's retiring early, living comfortably or leaving a legacy.

By enrolling in GlobalVisions’s Retirement Savings Plan, you will benefit from a company match which will be done with each pay and follows the following guidelines:

Years of Service

Company Match

3 months – 2 years

Dollar for dollar up to 3% of your annual base salary

2 years +

Dollar for dollar up to 6% of your annual base salary

Canadian Employees

Plan Administrator

GlobalVision has partnered with Common Wealth to administer the plan. They can provide a competitive edge that traditional administrators cannot compete with:

  • Lower management fees. The management fee on your total investment assets will now be reduced to 0.9% instead of the traditional 2%+, putting more money in your pocket.

  • Self-service portal. Common Wealth offers a portal where you can do your enrollment, self-manage your contributions, and connect directly with a retirement savings expert.

  • Education. Common Wealth emphasizes helping each contributor understand how retirement saving works, what your different investment options are, and help you can achieve your goals.

Enrollment

As part of your onboarding at GlobalVision, you will receive an enrollment email from Common Wealth to join the company plan, which will become available after 3 months of service - If you haven’t received it, please reach out to @a user . Once enrolled, all changes, modifications, etc. will be made directly in the Common Wealth portal.

At any time, you can book an appointment with a Common Wealth representative through THIS LINK.

Questions about the plan?

Check out the Common Wealth Member Portal for all of their help content. Here are some quick links to some of the most asked questions:

Common Wealth Education Session

https://drive.google.com/file/d/1sbmSxrIdlDoCLw0bvQFNBvAFK9Ut05TA/view

International Employees

By enrolling in GlobalVision’s International Retirement Savings Program, you will benefit from the same company contribution listed above with some minor differences.

  • Payments will be done bi-annually as a bonus into your Deel account.

  • It is your responsibility to invest the money properly, maintain the retirement account's administration, and pay all applicable taxes.

Full details are found on the enrollment form, which will be sent to you via BambooHR once you’ve completed 3-months of service.

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