Group RRSP A Group RRSP is a program established by an employer, with the help of a financial institution for the benefit of its employees. Employers can contribute or not to the program. Main features The participation of an employee is on a voluntary basis. The total amount is paid RRSP without tax since it is expected to reduce the taxable amount. A third party administers the RRSP funds to maximize its performance. Even the employer's contribution, where it contributes becomes the property of the employee. If the employee leaves the company, it usually has the choice between: letting the accumulated amount in the plan of his former employer; transfer the balance to the plan of his new employer with the prior consent of the latter; transfer all in a non-redeemable RRSP before retirement with a financial institution like a bank. Obviously, participation in this type of RRSP reduces the amount of participation possible for a regular RRSP.  Your employer can provide you the exact information.