Retirement
We understand the importance of saving today to ensure a secure financial future. That’s why Hewitt offers several programs to help you plan and save for your retirement.
- Deferred Profit Sharing Plan—To assist you in developing your financial savings for retirement, Hewitt will make an annual contribution to your account based on your total pay (base pay plus variable) received during the plan year. You are 20% vested in the plan after one year and fully vested after two years of service.
- Group Registered Retirement Savings Plan—To encourage and assist you to develop your retirement savings, Hewitt matches contributions made to your Registered Retirement Savings Plan (RRSP) on a dollar-for-dollar basis, up to 4% of your base pay during the fiscal year. The match happens automatically each time you make a contribution (payroll or lump sum) to your RRSP. You are always 100% vested in the match contributions.
