Pension Plan Summary
Retirees who contributed to the Â鶹ÊÓƵ Pension Plan (Â鶹ÊÓƵPP) during their employment will receive pension payments on the first business day of every month.
Retirees will receive information slips (pay stubs) each December to provide advanced year-end information. These slips can be used to prepare the annual income tax return. T-4A slips are also issued by RBC who oversees the pension payment to retirees.
Effective each January 1, pensions are indexed for inflation as per the plan’s cost-of-living increase provision. Information slips (pay stubs) are issued whenever the net pension amount payable changes for any reason.
For detailed information on how the Â鶹ÊÓƵPP works, review the .
Questions
For more information, please submit a request to HR.