You and your employer contribute to the Plan, and these contributions are used to fund your pension.
At the present time, the employee share of annual contributions equals 8% of Employment Earnings, increasing to 8.8% of Employment Earnings effective February 11, 2024, and from 8.8% to 9.6% of Employment Earnings effective February 9, 2025. To see what you contribute to the Plan, check your Annual Statement of Benefits, your pay advice, or your T4 slip.
The City of Winnipeg matches employee contributions, and is responsible for contributing any additional amounts, as applicable, to meet the funding obligations of the Plan.
While contributions are important, your pension is based on service and earnings, not the amount you contribute.