Here’s what you can expect with the move to Sun Life:

• Your savings will transfer automatically—no action needed.
• Your current fund line-up will be matched to similar funds at Sun Life.
•  Your contribution amounts will stay the same, but going forward, payroll contributions must be made as a percentage of pay, not a fixed dollar amount.
• Lower fees to help your savings grow faster.
• More financial wellness resources to support your savings goals.
• Simplified new hire enrollment for a smoother onboarding experience.
• A high functioning mobile application for a simplified and enhanced user experience.
• Custom retirement planning tools for better. understanding and preparation towards retirement readiness.

To support your transition, the following documents are available:

• Retirement Plan Transition FAQ
• Transition Guide - English
• Transition Guide - French

Please take time to review these materials to better understand what's changing and how it benefits you. We’ve also made a few recordings available to help guide you through the retirement plan changes and ensure you feel confident as you make your elections.

• Recording of the Richmond Hill Information Session (September 4)
• Overview to support enrolling
• Guidance for managing your savings

How to register: if you don’t already have a personal Sun Life account, a welcome letter was sent to you in late August 2025. 

• Recommended option: Download and register through the my Sun Life mobile app
• Register via mysunlife.ca
• Login via Okta SSO

Already have a personal Sun Life account?

• Login via Okta SSO

Account number format:

• Use 95877 + your employee ID
• Example: If your employee ID is 332244, your account number is 95877332244
• You’ll also need your date of birth to complete registration

Helpful tips:

• If you had a Canada Life account before the transition, use the same email address you had with Canada Life — this helps Sun Life recognize your account.
• You’ll receive a confirmation email once your email is entered.
• If your email isn’t on file, you may need to verify your identity using your account number + SIN or online banking info.

Note: If you register through the mobile app, you’re automatically registered on mysunlife.ca. If you register on the website first, you’ll need to register separately on the app.

Employee Contribution

Your regular and voluntary contributions will be withheld at the deferral rate you select every pay period, including bonus and overtime pay. Contributions are withheld pretax and funds will be posted to your account into the investments you select. Funds will be posted on payday or the next business day after. 

You can change your deferral contributions at any time by going to your account. The cutoff to adjust your contribution is 7 days before the scheduled pay date.

Employees are responsible for monitoring their personal Canada Revenue Agency RRSP limit in order to avoid over contributing.  Please refer to your Notice of Assessment by logging into your CRA My Account at www.canada.ca or calling CRA automated phone service at 1-800-267-6999. 

Employer Match

Marvell with match your regular contribution, up to 5% of your earnings each pay period, to the maximum of $5,000 annually. Match funds will be posted to your DPSP account and will be immediately vested.