"Today is Tomorrow" PENSION

PLAN
OUR TOP [plan de retraite]
PLANS
A pension plan is a retirement
plan that requires an employer to
contribute to a pool of funds set
aside for a employee's future
benefit

Why do you need a Pension Plan?

Steady flow of Income

Tax Benefits
Rising Healthcare cost
Financial Assistance during old age

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DEFINED
BENEFIT
A defined benefit plan is a
type of retirement plan that
guarantees you a certain
amount of income when you
retire, based on a formula that
considers your salary, years of
service, and age.
Benefits
Guaranteed monthly
payment for life
Benefit amount is fixed,
based on earning and
years of service
Investment risk is pooled
Total accumulated plan is 68% of
total membership
DEFINED
CONTRIBUTION
A defined contribution plan is
a type of retirement plan in
which the employer, employee
or both make contributions
on a regular basis. Individual
accounts are setup for
participant.
Benefits
Employee choose how
much to contribute.
Payments are not
guaranteed to last
through retirement.
Employee is responsible
for all investment risk.
Total accumulated plan is 18.3% of
total membership