To offer and administer a
VRSP, the administrator must be a legal person, either an investment fund manager, a trust corporation or a personal insurer. The administrator must have received an authorization from the
Autorité des marchés financiers and registered the
The administrator must fulfil a number of roles and meet certain requirements, including:
- carrying out transfers and refunds requested by members
- providing a plan summary to enrolled employees
- ensuring the contributions under the plan are paid
- providing information to
Retraite Québec, the
Autorité des marchés financiers and to members and employers.
To learn more about the roles and obligations of
VRSP administrators, consult
VRSP Newsletter on the obligations of a
VRSP administrator (French only).