Canada’s nonprofit sector has an exciting opportunity to help its employees and freelancers overcome one of their biggest financial challenges and secure the retirement they deserve. Approximately 850,000 nonprofit and charitable workers lack a workplace retirement plan, and many others are in lower-quality, high-fee plans.
Some of the country’s most prominent nonprofit leaders, philanthropic foundations, and retirement security specialists are spearheading a new effort to create a national, portable retirement income plan for the sector. The Common Good Retirement Plan is a first-of-its-kind opportunity to offer Canadian nonprofit workers a convenient, low-cost and effective way to save for their retirement, as well as provide nonprofit employers an easy way to help their employees build long-term financial security.
We now need your support to build a collective retirement income plan based on the principles of some of the world’s best pension plans.
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