Discover the value of a workplace pension plan
What is a pension?
A pension provides you with an income when you retire.
How does it work?
When you sign up at your workplace, you pay into the plan over time, so that when you retire, you'll continue to receive a regular income. Invest in yourself and sign up today.
Go to more information about Pensions >The Pension Journey

Early Career
Set goals for retirement and develop a plan that fits your needs.

Invest in your retirement
Learn more about the retirement benefits offered by prospective employers and the difference between the type of pensions plans available:
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Defined Benefit Pension Plans
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Defined Contribution Pension Plans
Learn about the foundation of retirement income in Canada, including Canada Pension Plan (CPP), Old Age Security (OAS) and other personal and retirement savings.

Manage your Pension
Learn about how life events can impact your retirement future, including:
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Changes in contact information
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Changes in employers
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Taking a leave of absence
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Changes in beneficiary
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Changes in spousal relationship
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Dealing with financial hardship

Mid Career
Regularly review your pension plan statement. As you approach retirement look at your retirement income and assess projected pension benefits to evaluate when you are ready to retire.
Contact your plan administrator if you have questions or concerns surrounding the benefits you are entitled to or the terms of your pension plan.

Retirement
Manage pension payments and expenses that you incur during your retirement. Evaluate your sources of income and budget appropriately.

Enjoy your Life
Start receiving a monthly income and enjoy the retirement you created.
Contact your plan administrator if you have questions or concerns surrounding your benefits.
Your employer may contribute to your plan
Be sure to ask your employer if a pension plan or other retirement savings options are offered.
- Do you offer a pension or other retirement benefits plan?
- What type of pension plan? Defined Benefit or Defined Contribution?
- How are contributions made and when?
- What is the maximum I can contribute?
- As an employer, do you match my contributions?
- Who do I contact for information about my pension?
- How do I calculate what I will receive when I retire?