Less than 40% of Canadian employees have a pension plan through work. We are proud to offer our CBC/Radio-Canada employees a defined benefit plan – one that pays you a regular monthly pension. It’s something you can count on! Not sure you will stay with CBC/Radio-Canada until retirement? You can choose to take the pension you’ve earned with you.
So what’s the plan worth? CBC/Radio-Canada puts in money for you each year – on top of the pay cheque you already receive. The closer you get to retirement, the more money CBC/Radio-Canada will put in. For a 30-year-old, it’s about 5% of your pay. For a 40-year-old, the number jumps to around 10% – and it keeps getting better with age!
As a permanent employee, you join the pension plan the month after you start with CBC/Radio-Canada – meaning you can take advantage of this extra money right away.