Financial Security

Group Retirement Savings Plan and Deferred Profit Sharing Plan for Caleres Canada, Inc.

Eligibility

Full-time: You can enroll at any time. Your contributions begin after six months of service.

Part-time: You can enroll at any time after one year of service.

Select your contribution amount

If you enroll, you must contribute 3% to 5% of your earnings to the RRSP plan through payroll deductions. You may choose to increase your contributions and make contributions on a voluntary basis.

You also can make contributions to the plan on a regular or lump-sum basis through online banking, preauthorized withdrawals from your bank account or personal cheque.

The contributions you make are deductible from your taxable income and payment of tax is deferred as long as you don’t exceed your RRSP deduction limit. You will receive notice of your limit for the current year after filing your previous year’s income tax return.

Caleres matches your contributions

• Caleres will match 100% of the first 3% of earnings you contribute to your RRSP account.
• It will match 50% of the next 2% of earnings you contribute.
• Contributions over 5% are not matched.

Caleres makes its contributions to your group DPSP account.

How to enroll

1. Visit Canada Life or call 1-800-724-3402
2. Send confirmation of your enrollment to retirementquestions@caleres.com.

After enrolling, you can access your account at mycanadalifeatwork.com.

For more information, review the member booklet.

PENSION PLAN FOR THE SALARIED STAFF AND SALESPERSONS OF CALERES CANADA, INC.

Eligibility

Full-time: You can begin contributing on the first of the month after one year of continuous service.

Part-time: You can begin contributing on the first of the month after 24 months of continuous service, provided you have earned 35% of the yearly maximum pensionable earnings or worked 700 hours.

Your contributions

When you join the plan, you are required to contribute 2.5% of your pensionable earnings.

Caleres contributes

Caleres regularly contributes an amount necessary to ensure all pensions earned can be paid from the pension fund.

How to enroll

Complete the enrollment, beneficiary designation and declaration of spousal status forms and email them to retirementquestions@caleres.com.

For more information, review the Defined Benefit Pension Plan at a glance.

GROUP SAVINGS PLAN AND FINANCIAL WELLNESS PROGRAM (RRSP)

Eligibility

You are eligible to join the plan immediately upon employment.

Select your contribution amount

You decide how much you want to contribute.

Caleres matches your contributions

Caleres will match 100% of your contributions up to $.75 per hour for all hours worked.

How to enroll

To schedule an enrollment meeting, call 613-661-3410 or schedule online.

For more information, review the RBC Group Advantage flyer.