Canada Nesties
Dear Community,

Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.

If you have questions about this, please email help@theknot.com.

Thank you.

Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.

Pension Plans

Hey all, just trying to get a feel at what other CANADIAN companies offer in regards to pension plans.

Mine just got lowered to matching up to 4% from 7%

DH company only matches up to 3%

 

Care to share? (Basically so I can see if our companies suck or not)

Warning No formatter is installed for the format bbhtml

Re: Pension Plans

  • My pension is exceptional and we are matched at around 11%.
  • I think we're currently matching 5% of our 7%, but they are also matching 1.5% of our 3% purchases of company shares.

    Mind you - they are no longer employing me in a few weeks! Angry

    BabyFruit Ticker
  • imageCanadianBio:
    My pension is exceptional and we are matched at around 11%.

     

    Holy Crap, I am JEALOUS!

    Do you mind me asking if you work in the private or public sector?

    Warning No formatter is installed for the format bbhtml
  • I am a teacher. We are matched by the Ont. gov't and our school boards. The pension is one of the things that keeps me going on very challenging days.

  • I'm not sure what my husband pays into his, but his pension will be a set rate, 65% of his best five years' earnings, with 55% survivor's benefits if I outlive him. I know that the company puts more into his pension fund than he does.

    On top of that they have a stock option plan, in which the company will match 33% of your contributions, up to a maximum of 2% of annual income. So my husband contributes 6%, they add 2%, adding up to 8% of his gross

    Lilypie Fourth Birthday tickers Lilypie First Birthday tickers
  • Both Joey and I are matched to 4%.
  • CBLCBL member
    Both of our companies have RRSP plans, not pensions.  I'm matched to 5% and D is matched at 50% of his contributions up to a max of 5% (so they give 2.5)
  • We have the RRSP's too, no pension.  Which is why I'm looking for a new job...
    image

    July 10, 2010 Best. Day. Of. Life.
Sign In or Register to comment.
Choose Another Board
Search Boards