Capital Pension Plan

Description

The Capital Pension Plan was established in 1976 as a defined contribution (money purchase) pension plan. The Plan's purpose is to provide employers with a cost and tax effective method of providing their employees with a means to systematically save for retirement. The Capital Pension Plan provides retirement benefits to its members and survivor benefits to their beneficiaries. The Plan currently has more than 50 participating employers, including private corporations, labour unions, crown corporations and other selected organizations. There are more than 6,400 members participating in the Plan. The Capital Pension Plan is registered under the Income Tax Act (Canada) and is governed by the Plan Document, filed with the Superintendent of Pensions (Saskatchewan) in accordance with the Pension Benefits Act, (1992).

Fact sheet

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