Workplace Pensions Hub
Workplace pensions can be one of the largest sources of retirement income for Canadians who have one, but they come with important decisions: whether to take a lump sum instead of ongoing payments, whether a pension buyback is worth the cost, and how a pension compares to saving in an RRSP on your own.
- Defined Benefit vs Defined Contribution Pensions — How the two main pension types differ and what each means for your retirement income.
- Pension vs RRSP — Comparing a workplace pension to saving in your own RRSP.
Key Pension Decisions
| Topic | Guide |
|---|---|
| Lump Sum or Ongoing Pension | Should I Take a Pension or Lump Sum? |
| Buying Back Past Service | Pension Buyback Guide |
Pensions for Business Owners
Incorporated business owners and the self-employed have their own pension options outside a traditional employer plan.
- Individual Pension Plan (IPP) Guide — How an IPP works for incorporated business owners.
- What Is a PRPP? — Pooled Registered Pension Plans explained.
Browse All Workplace Pensions in Canada 2026 Articles
Browse all 6 articles in this section.