How pension contributions work

You contribute to your pension through automatic payroll deductions. Your employer also contributes to your pension. 


How much do I contribute?

As an active member, you contribute to your pension through automatic deductions from each paycheque. If you have reached 35 years of pensionable service, you will no longer contribute to the plan; if you are on a long-term disability leave, you may no longer be contributing. However, you are an active plan member until you leave your job or retire.

All members’ pension contributions are now calculated using a single flat rate of 8.35 per cent.

This rate has been used to calculate pension contributions for regular plan members since April 1, 2018, and ambulance paramedics and correctional staff since August 1, 2018.

Your contribution includes a portion (1.25 per cent) that is transferred to a fund called the inflation adjustment account. This account is used to pay for annual inflation adjustments that may be added to monthly pension benefits. Inflation adjustments are not guaranteed, but once granted, they become part of your basic pension benefit.


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