Resources

A list of the most common questions members come to us with

If you cannot find an answer to your question here, please email us.

Q. How often am I allowed to withdrawal/transfer funds from my RSP account(s)?
A. Up to a maximum of 4 withdrawals and/or transfers per calendar year.

If you do not have access to the internet or if you need further assistance, you may call Great West Life directly at: English: 1-866-289-5675 / French: 1-866-814-6503

Q. How do I withdraw money out of my RSP account?
A. Please go to Forms, print out the form. Complete all the sections of the form, sign and date (spouse and member must both sign if spousal RSP) and return to The Power Sector Office.

Q. How do I transfer money out of my RSP account?
A. Please go to: Forms, print out the form. IN ADDITION, you must complete a T2033 form. This is supplied from your new investor. We do not provide you with this form. Complete all the sections of the form, sign and date (spouse and member must both sign if spousal RSP) and return to The Power Sector Office.

Q. How do I transfer in funds to the rsp from another rsp account?
A. The Transfer In form needs to be completed and sent to Great West Life, the address and contact info is on the form.

Q. How do I change my contact information (ie. Address, phone number)?
A. Login to your PSRT Personal Account – change contact information and follow the prompts.

Q. How do I change my beneficiary on my RSP account(s)?
A. You must complete the Change of Beneficiary form. This form can be downloaded in the Forms section.

Q. When do any changes I have made to my RSP plan (beneficiary(s)) become effective?
A. Any changes made to your RSP plan, become effective on the 1st of the following month.