What is the ICPP?

The ICPP is a Collective Defined Contribution Plan, designed by Robertson, Eadie & Associates to provide its members with a reliable lifetime pension with similar retirement inflation protection and benefit security as enjoyed by Defined Benefit (DB) Pension Plan members. The ICPP was created for Canadian employees using the best ideas and practices from Canada and around the world. ICPP Funds Ltd. provides the necessary investment products and services to allow the ICPP to meet its goals on behalf of its beneficiaries. 

Through proper pooled investments and pooled collective payout strategies, the ICPP is expected to generate substantially higher retirement income than traditional Defined Contribution (DC) pension plans. In fact, our goal is to use the expense savings during the accumulation and payout phase, the focused investment mandates, the collective payout strategies, and the collective risk management in this program to double a career employee’s actual lifetime retirement income for the same contributions.

Sound impossible? The truth is that most Canadians pay at least 25% of their lifetime contributions to support service supplier expenses. Traditional payout strategies are also prohibitively expensive, especially in today’s marketplace, or prevent an individual from using all savings to support retirement income needs in order to maintain lifetime income. The ICPP is designed to remedy these issues, resulting in double the expected pension for career plan members as compared to common retirement savings arrangements in Canada.

The ICPP is the product of extensive research and years of expertise within the Canadian pension industry. We see the ICPP as the future of Canadian pensions in the private sector.

Read more about the Ideal Canadian Pension Plan, or download a brochure here.