The Millwrights GRSP (Group RRSP) is a registered retirement savings plan established to assist all Local 1021 members with their retirement savings. With this arrangement, individual accounts are established with Manulife for each plan member, and all the contributions received on behalf of each member are deposited in their Manulife accounts. Once the contributions are deposited, the members control their investment allocations and strategies.
The Millwrights GRSP approach offers certain cost advantages over individual RRSPs through a preferred fee schedule.
Find the form you are looking for in the list provided here and follow the instructions on each to submit them.
Participation in the Millwrights GRSP is automatic if you work under a Local 1021 collective agreement, but you must complete a registration form to complete the registration process.
Download the Registration Form (PDF)Once you have established an account on the Manulife platform, you can access all the reporting and online tools they provide, including your historical contributions to the Millwrights GRSP.
With two exceptions, no withdrawals are permitted from the Group RRSP while you remain actively employed in covered employment. Withdrawals are allowed if you:
Before that point, limited withdrawals are permitted under the plan's Home Buyer's Plan (HBP) or the Lifelong Learning Plan (LLP).
