2 - Add employees to your plan
Adding employees to the plan
Determine which employees are eligible to participate
Only full-time or part-time employees can participate in your plan. Any individual who is paid under contract, on a fee for service basis or other arrangement (e.g., gig worker) is not eligible to participate through an employer arrangement.
Adding employees for the first time
In order for us to set up the plan and invite your team to enroll, we will require you to complete a few steps:
1 - Populate and submit the employee.xlsx file that was emailed to you
2 - Whitelist all emails coming from our domain by asking your IT department to add "@my65plus.ca" and "@commonwealthretirement.com" to your safe senders list
3 - Contact your payroll provider to enable administration of RRSP, TFSA, employee deductions and employer contributions
Adding or removing employees after launch
To add or remove employees in the event of a new hire, temporary leave, termination, retirement or death, follow these steps.
All member data will be protected and used only for the purposes of plan administration. This includes enrollment: to verify an enrolled member is an employee of your organization and to send plan enrollment communications, employment status: to update the employment status of employees (e.g., new hire / terminated / date of change) and payroll: to track payroll details for employees (e.g., employment start date).