Question: 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

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)

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