Divestment provisions

When do the divestment provisions not apply?

The divestment provisions will not apply if:

• you do not become an employee of the new employer in conjunction with the transfer of your employer’s business, assets or services; or
• the new employer does not provide a registered pension plan (a group RRSP is not a registered pension plan but a defined contribution plan is); or
• you do not join the new employer’s pension plan.