R-17.0.1 - Voluntary Retirement Savings Plans Act

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1. This Act establishes a type of retirement plan called a voluntary retirement savings plan in order to promote retirement savings, and provides a legal framework for the establishment and administration of such a plan.
Such a plan is called voluntary because membership is optional. Members determine their contribution to the plan and the employer is not required to contribute to the plan.
2013, c. 26, s. 1.