Municipal Investment Plan

With the group potential of 35,000 municipal employees and 1,500 elected officials, the Municipal Finance Authority has negotiated an investment plan through Sun Life Financial that offers a substantial reduction in management fees for plan members. These savings add to your annual return.

The plan is available to all municipal employees, elected officials, and spouses.  It offers an extensive selection of funds in the RRSP, non-registered, and tax free savings account categories.  Contributions are made through a payroll deduction system which offers the benefit of a tax deduction at source for the RRSP funds.

Being part of a group plan brings many benefits:
  • Low investment management fees (25% - 40% less, depending on the fund)
  • Access to institutional mutual funds normally only accessible to individuals with a minimum of $10,000 to invest
  • Ease of payroll deductions
  • Immediate tax savings (RRSP & TFSA)
  • No fees to make investment changes
  • Lifetime eligibility within group plan
The plan offers:
How to contribute:
Members of the plan will also have access to:
  • An online tool for planning and management of investments
  • A Call-centre to assist with choices and answer questions
Retirement & Investment Planning Tools:

How do I choose my investments?  How much should I be saving to reach my goals?
Retirement planning information and tools can be found on the Sun Life website.

You can use the generic ID to sign in to mySunLife and utilize some of the planning tools provided

  • Generic Access ID: 14577
  • Generic PIN: 257986

Contact Sun Life Financial’s Customer Care Centre representatives toll free any business day from 8 a.m. to 8 p.m. ET.  They can provide account info, market info, enrolment assistance and more in over 150 languages.

Sun Life Customer Care Centre: 1-866-733-8613

How to Enroll:

To get started in the Municipal Investment Plan please complete an enrolment form for the type of account you would like to open,  and either a payroll deduction or personal deduction form (for contributions directly through the MFA) and submit to the MFA by email.

Forms & additional information related to the Municipal Investment Plan can be found on the Forms page.


The plan member website has a new home page

When employees log in to the plan member website,, they will experience a new, mobile responsive home page.

The my financial centre link will be available at the top of the quick links menu, next to the plan balances where members will be directed to their plan information. Other GRS information, third party websites and tools will also be available on the home page.

This new page includes the following updates:

  • Improved website messaging zones
  • A consistent look and feel across online channels
  • An envelope counter on the message centre, letting plan members know how many unread messages they have

Plan members will have a complete view of their workplace and personal investments at the top of the page under the Investments section.

Sun Life Q4 2016 Investment Commentary

Fund Rates of Return December 2016


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