ASBE VOLUNTARY BENEFITS
Exclusive Voluntary Group Savings Plans for Alberta School Board Employees
The Only Financial Program Built Specifically for Alberta School Board Employees
You are the administrative support, the educational assistant, the school board leader, the custodian, and the facilities team—the dedicated professionals who keep Alberta schools running smoothly every single day. You deserve financial tools that work as hard as you do.
The ASBE Voluntary Group Savings Plan gives you exclusive access to high-quality savings and insurance programs, the kind often reserved only for employer-sponsored plans. And when you have questions? You’ll speak to real people who understand your world and listen first, then help.
Contact Us to Apply for ASBE Group RRSP or TFSA
Download ASBE Benefits Guide
Access Your Portfolio
Created for the Unique Needs of Alberta School Board Employees
In some ways, Alberta School Board Employees are well supported. With some boards, you may have access to a pension, but not all boards offer this benefit. You have some insurance support through your school board benefit coverage.
But school board employees also face risks.
Here’s how we support your financial wellness:
- Build Emergency Funds to help handle sudden expenses — or drops in income
- Save for the future — either by building your ASBE Group RRSP as your primary savings tool, or by topping up what your pension would cover.
- Save for big expenses, like a home purchase
- Protect your family from the consequences of Critical Illness or Death
ASBE Voluntary Benefit Options
Your benefits and group savings should work for you and your people. Click on the headers below to learn more about the savings and insurance options we offer to ASBE members.
ASBE Group RRSPRETIREMENT COMES QUICKER THAN YOU THINK. BE PREPARED WITH ASBE GROUP RRSP OPTIONS.
Build your retirement nest egg with professional support, access to institutional fund managers, and the convenience of payroll deduction.
- Reduced Fees*: No charges to set up, make changes or get support with your plan, and no annual transaction fees.
- Fund Access: A default fund customized to your stage in life, with no other decisions to make — plus access to a select group of carefully chosen funds for more advanced investors.
- Convenience: Build a habit of saving — automatically — using payroll deduction right off your paycheque
- In-House Advisory Support: Our Alberta-based team works directly with ASBE members to help with enrollment, fund choices and long-term planning
*Investment Management Fees still apply
ASBE Group TFSAflexible, tax-free savings that fit your life.
Whether you’re saving for a down payment, an emergency fund, or supplementary retirement income, the TFSA is your flexible, tax-free option. Plans change, goals shift, and that’s okay—your TFSA evolves with you.
- Tax-Free Advantage: All investment growth and withdrawals are completely tax-free.
- Unmatched Flexibility: Withdraw funds anytime without penalty.
- Convenience: Build a habit of saving — automatically — using payroll deduction right off your paycheque
ASBE Group RESPSAVE FOR YOUR CHILD’S EDUCATION WITH HELP FROM GOVERNMENT GRANTS
Your kids’ education matters. Let’s make saving for it a little easier.
- Government Grants: Access the Canada Education Savings Grant (CESG), which provides a 20% match on qualified contributions.
- Simple Saving: Benefit from professional investment management and easy payroll deduction.
- Growth-Focused: The underlying investment is a Target Date Fund, designed to come to maturity when your child turns 18. This fund will automatically become more conservative as it nears the maturity date.
ASBE Group RRIFconvert your savings into flexible retirement income
When you’re ready to retire, we make the transition seamless, converting your ASBE Group RRSP into a predictable income stream.
- Seamless Transition: Convert your savings by age 71 while maintaining access to the same institutional fund managers.
- Guidance: Get support with mandatory minimum withdrawals, tax planning, and overall retirement strategy.
ASBE Group Term Life InsuranceAFFORDABLE LIFE INSURANCE DESIGNED FOR ALBERTA SCHOOL BOARD EMPLOYEES
Protecting your family shouldn’t be complicated. We make it simple.
- Group rates exclusive to ASBE members
- Coverage options that meet a variety of family needs
- Beneficiary designation flexibility
- Hey Jourdain!Choose from simple group plans with up-front rates or a customized plan built for you
- Simple online application
ASBE Group Mortgage InsuranceKEEP YOUR FAMILY PROTECTED IF THE UNTHINKABLE HAPPENS
If you die suddenly, the bank will come knocking, expecting your full mortgage to be paid out. If your loved ones can’t pay off the mortgage, they’ll lose the home. Protect your family with mortgage insurance!
- Portable protection that follows you even if you change lenders
- Consistent, transparent coverage that does not decrease as your mortgage is paid down
- Ability to choose your own beneficiary
- Support from advisors who understand ASBE members’ financial needs
ASBE Group Critical Illness InsuranceFinanacial Protection DUring Serious Illness
A serious illness shouldn’t lead to a financial crisis. This is essential protection for you and your family.
- Exclusive Access: This program includes online pricing and online purchase options exclusive to ASBE members.
- Tax-Free Payout: Receive a lump sum payment (typically $25,000 to $300,000) if diagnosed with one of 25+ major illnesses (like cancer, heart attack, or stroke).
- Use Funds for Anything: The tax-free money can cover lost income, child care, medical expenses, or basic bills — whatever you need.
Additional ASBE Member BenefitsSUPPORT BEYOND SAVINGS AND INSURANCE
When you join the ASBE Voluntary Group Benefits Program, you get more than just great plans; You also get an Alberta-based team dedicated to your financial wellness.
- Personalized Financial Planning: Access one-on-one sessions with someone who understands how everything fits together — from your pension to your school board benefits.
- 24/7 Access: Check your balances, change investments, and update beneficiaries anytime using the GRS Access Portal.
- Educational Resources: Benefit from our specialized workshops, retirement calculators, and planning guides.
What Other Capital Planning Members Are Saying
Let’s Have A Conversation
Whether you are ready to apply or simply exploring your options, our Alberta-based ASBE specialists are here to help.