The CSS Pension Plan is a private employment pension plan.
Working with 319 co-operatives and credit unions across Canada, the Plan helps eligible employees build their retirement income stream.
If you're an employee of a participating co-op or credit union, then in most cases you would be eligible to join.
Membership in the CSS Pension Plan is a valuable part of your total employment package. Just one in three Canadians belong to a pension plan.*
*Source: Office of the Superintendent of Financial Institutions
If you're a full-time employee of a participating co-operative or credit union, joining the CSS Pension Plan is mandatory after completing your employer's waiting period.
Your employer sets the waiting period, but pension law restricts it from being longer than two years.
Minimum membership requirements under pension law
If you're employed part-time with a participating co-operative or credit union, your employer must offer you Plan membership after you've met one of the following requirements set out by pension law:
In most cases you can choose if you want to become a member of the Plan after meeting one of these requirements, with the exception being Manitoba. Part-time employees in Manitoba must join the Plan after meeting the minimum membership requirements.
To learn more about the pension law requirements for your area, visit our pension law page or contact us.
Exceptions to the part-time eligibility requirements set out by pension law may exist through your employer.
Depending on your employer's policy:
We encourage you to check with your employer to determine your eligibility to join the Plan.
If you've recently worked with a participating employer member of the Plan – or combination of employer members – your service with that employer may be counted when determining your eligibility to join the Plan.
Service is considered continuous if there has not been a break in employment of more than 12 months.
Reviewing the information in the new member kit below is a key step toward learning how the Plan works and the different options available to you that can help your savings grow – according to your own life circumstances and goals.
The new member kit includes: