Lee-Crawford Electronics Ltd. is required to implement a pension plan for its employees under provincial legislation. They are a small company and want to adopt a plan which will not have employer contributions mandated. Which of the following employer-sponsored plans requires the employer to make a minimum contribution to the plan? 

a)Deferred Profit Sharing Plan (DPSP) 

b)Defined Contribution Pension Plan (DCPP) 

c)Group Registered Retirement Savings Plan (GRRSP) 

d)Pooled Registered Pension Plan (PRPP)

Answer rating: 100% (QA)

The correct option is A Deferred Profit Sharing Plan DPSP Explanation A ... View the full answer