Quebecers who are preparing for retirement will be able to participate in a random selection to purchase shares of the Fonds de solidarité FTQ using one-off or automatic bank withdrawals.
“Retirement savings remains one of the pillars of the mission of the Fonds de solidarité FTQ. A decent retirement is our constant fight. The reestablishment of subscriptions by single bank direct debits and the implementation of subscriptions by new requests for automatic bank debits will allow us to reach even more Quebecers who need to save to avoid precariousness in retirement. declared Isabelle Renaud, first vice-president of the Savings Market at the Fund, in a press release.
For this random selection, the FTQ Solidarity Fund has reserved at least $75 million in action, it was specified.
Any resident of Quebec aged 18 or over, whether a new member or already a saver in the Fund, can register to obtain a maximum of $5,000 in shares.
Interested persons must first register on the Fund’s website between December 16, 2024 and January 24, 2025.
The selection will be made from January 27 and those chosen will have five days to subscribe to shares using bank direct debits.
Remember that it has always been possible to make a contribution through payroll deduction, but that contributions by one-off or automatic bank debits were suspended in 2021 due to excessive demand.
