Schneider Electric Canada
Defined Contribution
About Manulife Financial
Defined Contribution (DC) Pension Plan
Investment Selection
Manulife Tools, Resources and Support Services
Next Steps
About Manulife Financial
Canada’s largest life insurance company
Fourth-largest life insurer in the world
Strong independent financial ratings (S&P, Moody’s, A.M. Best, etc.)
Financial strength Overall operations
Enrolment Guide
Use your Enrolment Guide as a reference as we move through this presentation.
Defined Contribution (DC)
Pension Plan
This is a voluntary plan
All permanent full-time and permanent part-time
employees are eligible to join the plan on the first day of the month following their date of hire.
Schneider Electric does not make base contributions to the plan.
You may contribute between 1-5% of your earnings.
Contributions must be in whole percentages
Earnings include annual base salary, incentives, bonuses and overtime (overtime is capped at 10%).
Schneider Electric will match 100% of your contributions up to 5% of your earnings.
You may also make additional voluntary contributions exceeding 5% of your earnings.
You may transfer funds from other registered plans.
These funds are not matched by Schneider Electric
Withdrawals from the plan and lump-sum contributions are not permitted.
Contributing to your
DC Pension Plan
Sources of Retirement Income
Canadians generally rely on three distinct sources of income:
Government Pensions
CPP $1,012.50 (Monthly maximum)
OAS $546.07 (Monthly maximum)
Schneider Electric Canada
DC Pension Plan
Personal Savings
RRSPs, TFSAs, GICs, and Mutual Funds
Home equity
Effect of Paying Lower Fees
Take advantage of your group’s purchasing power
Lower fees leave more of your money in your account to grow for your retirement. A difference of $3,313
Decide How to Invest
If you chose two or more from
The best investment for you is
Look for this symbol…
Column A A Target Date Fund Column B Individual funds
Portfolio Options
Option B
Build Your Own
Option A
Option A – Target Date Funds
What are Target Date Funds?
A balanced investment portfolio inside a single fund Each fund represents a future retirement date
Automatically rebalances to become more conservative as retirement date approaches
It’s important to only select one Target Date Fund – closest to your projected retirement date.
BlackRock LifePath Portfolios
Target Date Solutions
Portfolio Options
Option B
Build Your Own
Option A
Option B –
Build Your Own Portfolio
Complete the 8-question Investor Strategy Worksheet
Match your investor style to the suggested asset mix
Use the suggested asset mix to build your portfolio
If your score is between 8-22, you’re a Moderate Investor.
You want your money to grow but are more concerned about protecting it.
Retirement may be in your near future, or you may prefer to be cautious with your investment and preserve your money.
Option B –
Build Your Own Portfolio
Cash &
Equivalents Fixed Income Canadian Equity
U.S./Int’l/Global Equity MLI MFC Global Pooled US Index Fund McLean Budden American Equity MFC Pooled Canadian Index
MLI Beutel Goodman Canadian Equity Fund MFC Pooled Canadian Bond Index MLI Canadian Money Market Potential Risk P ot e nt ia l Re tur n
For illustrative purposes only.
Option B –
Build Your Own Portfolio
When selecting funds, refer to the Rates of
Return Overview in your guide to see how funds have been performing.
This information can also be found online after you log in to your account at www.manulife.ca/GRO
Option B –
Build Your Own Portfolio
Default Investment
If you do not choose fund(s) for your contributions, your money will be invested in the ‘plan default’ fund until you provide instructions.
Contributions will be deposited into the plan’s default
investment fund - MLI BlackRock LifePath Index Fund -closest to the year you will turn 65.
If you do not provide your date of birth at enrolment, your
contributions will be deposited to the MLI Canadian Money Market Fund.
Your plan default investment is the MLI BlackRock LifePath Index Fund
Manulife Tools, Resources
and Support
The Steps Retirement Program
®(Steps)
An easy, online retirement planning tool that will help you…
Set a retirement income goal Track your savings progress Determine whether you are on track to meet your
retirement savings goal
Steps also shows you an estimate of your annual retirement income.
Easy-to-Read Statements
Sent to your home semi-annually
Includes…
Personalized messaging Customized newsletters Personal rates of return
Your estimated annual retirement income (set using Steps)
Customer Service Centre
Contact Manulife toll-free at 1-888-727-7766
Customer Service Representatives
Monday to Friday, 8 a.m. to 8 p.m. ET
For account inquiries and administrative assistance Financial Education Specialists
Monday to Friday, 9 a.m. to 5 p.m. ET
For assistance with investment information Transition Solution Specialists
Monday to Friday, 9 a.m. to 5 p.m. ET
For assistance with retirement planning Email: gromail@manulife.com
Enrolment Guide
Enroll in the plan
DC Pension Plan
Policy Number: 10000987
Access code: SEC07
Enrolment information can be found on page 4 of
your guide.
Follow the steps provided to enroll online.