I pay into a share purchase plan at work for which...

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I pay into a share purchase plan at work for which they contributions up to $1000.00, is this the same as the PPRP?

 
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I pay into a share purchase plan at work for which they contributions up to $1000.00, is this the same as the PPRP?

A pooled registered pension plan (PRPP) is a type of pension plan that is similar to a defined contribution plan; however, employer contributions are not mandatory. A PRPP pools contributions together to achieve lower costs in relation to investment management and plan administration.

You should verify with your employer if they are contributing to a PRPP on your behalf. Any voluntary contributions made by your employer are not included in your income, and therefore not deductible on your income tax return.

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/pooled-registered-pension-pl...

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