Guest Mariko Posted October 4, 2001 Posted October 4, 2001 It is my understanding that Canadian DCPs only allow for very limited deferrals for a temporary period (i.e. can only defer bonus and can only leave funds in the plan for 3 years or so). Has anyone successfully been able to design a more feature-rich DCP for Canadian employers?
Guest EAKarno Posted October 4, 2001 Posted October 4, 2001 My understanding is that supplemental, employer provided deferred compensation works in Canada, but not voluntary employee deferrals. Not being Canadian, I know of this only second hand. However, this is how we have always approached U.S. plans that include Canadian employees.
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