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Supplemental Retirement Plan (SRP)
Background
The Calgary Board of Education provides a supplemental retirement plan (SRP) in
addition to the legislated Local Authorities Pension Plan (LAPP) and Alberta
Teachers
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What is supplemental retirement plan srp?
Supplemental Retirement Plan (SRP) is a retirement savings plan that allows employees to contribute additional funds beyond their regular retirement plan, such as a 401(k) or pension plan.
Who is required to file supplemental retirement plan srp?
Employees who participate in a supplemental retirement plan are required to file SRP.
How to fill out supplemental retirement plan srp?
To fill out SRP, employees need to provide information about their additional contributions and follow the instructions provided by their employer or plan administrator.
What is the purpose of supplemental retirement plan srp?
The purpose of SRP is to allow employees to save more for retirement and potentially increase their retirement income.
What information must be reported on supplemental retirement plan srp?
Information such as employee contributions, employer matching contributions, investment options, and account balance must be reported on SRP.
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