Page 25 - 2022 AEO FT HO Book CAN ENG

Here’s How It Works
Mary is an Assistant Manager who has worked for 2 years and makes $32,000 a
year ($1230.77 a pay). Mary is eligible for a company match of 100% of the first 3%
and 25% of the next 3% of pay that she contributes because she has more than
1 year of service. To get started, Mary only has to contribute 1% of her pay. That’s
only $12.31 per pay and she can see how quickly her dollars will add up. The match
is free money! Here is how the match would work depending on the amount she
chooses to contribute:

ANNUAL ANNUAL
ANNUAL ASSOCIATE ASSOCIATE COMPANY COMPANY
MATCH
SALARY CONTRIBUTION CONTRIBUTION PERCENTAGE MATCH
AMOUNT AMOUNT
$32,000 1% $320 100% $320

$32,000 2% $640 100% $640 OPTIONAL BENEFITS

$32,000 3% $960 100% $960

100% of 3%;
$32,000 4% $1,280 $1,040
25% of 1%
100% of 3%;
$32,000 5% $1,600 $1,120
25% of 2%
100% of 3%;
$32,000 6% $1,920 $1,200
25% of 3%

Investments
The name of each fund available under the plan appears on the RRSP enrolment
portal after you’ve selected your contribution percentage. Financial advisors are
just a click away to help you understand your risk tolerance and to make a plan to
meet your financial goals. The amount allocated to each fund should be expressed on
your enrolment form in percentages that total 100%. It is important that you take
an active role in your Savings Plan, as your decisions (or lack thereof) will affect the
amount of money accumulated for your future.
PLEASE NOTE
Enrolling Enrolment is as easy as

If you’re new to AEO, Sun Life will send you an invitation to enrol. Watch for 1-2-3.
your invitation email. For information about the plan’s available investment
funds, go to www.mysunlife.ca and login using your email and Employee ID, Sign in and select your
or call SunLife at 1.866.896.6984. Submit your completed enrolment online contribution percentage
by choosing the investment menu and following the prompts to select your and investment mix.
contribution percentage and your investment choices.
Sunlife is here to help
at 1.866.896.6984, and
your Benefits Team is
here to help at:
canadianbenefits@ae.com

FULL TIME AND REGULAR PART-TIME BENEFITS — OPTIONAL BENEFITS 23

2022 AEO FT HO Book CAN ENG 3.indd 23 2/13/22 9:10 AM