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Deferred Profit Sharing Plan (DPSP) for employees in Canada

Deferred Profit Sharing Plan (DPSP)

The DPSP is a registered plan allowing businesses to share their profits with employees. It includes tax incentives and allows companies of setting vesting periods for the employer contributions. A deferred profit sharing plan, combined with a group registered retirement savings plan (RRSP), can cost-effectively replace a defined contribution pension plan.


  • Increases the sense of belonging to the company and increases loyalty by using the vesting period
  • Provides flexibility to the employer who may not contribute during years when no profit is generated by the company
  • Allows personalization of each plan depending on employee preferences
  • Contributions to a DPSP are non-taxable for employees
  • Employer contributions are deductible and exempt from payroll taxes


  • Group Registered Retirement Savings Plan (RRSP) Learn more
  • Deferred Profit Sharing Plan (DPSP) Learn more
  • Voluntary Retirement Savings Plan (VRSP) Learn more
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Pension Plan

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Group Benefits

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