My pension plan
Unlike many employers, Desjardins offers a defined benefit plan that gives me peace of mind for my retirement from a security standpoint.
A defined benefit plan is like a promise of a pension paid to me at retirement and for the rest of my life. Now that's what I call peace of mind.
It's very different from a defined contribution plan, where the pension depends entirely on the savings that I put aside and the returns on my investment over the years.
At Desjardins, several of my plan's characteristics make it stand out from others on the market. For instance, the cost sharing structure between me and my employer, where my employer pays 65%. And I haven't even mentioned the plan's flexibility when it comes to the payment of my pension at retirement.
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