Plan changes for group 1

If you’re in group 1, learn how the changes affect you and improve your lifetime pension. You are a member of group 1 if you are not a police officer or firefighter.


A new, single contribution rate

There is now a single contribution rate of 8.61 per cent. This includes a contribution to the inflation adjustment account. Previously, members contributed at two different rates on the portions of their earnings that were above and below the YMPE.

Individual members may see an increase or decrease in their yearly contributions.

  • Members with lower earnings may have an increase in their contributions over the course of a year. This is because the previous contribution rate of 8.5 per cent on salary below YMPE is lower than the flat contribution rate of 8.61 per cent. With this increase comes an improved lifetime pension.
  • Members with higher earnings may have a decrease in their contributions over the course of a year. This is because the previous contribution rate of 10 per cent on salary above YMPE exceeds the flat contribution rate of 8.61 per cent. With a decrease in contribution rates, members with higher earnings can expect to see lower deductions on their take-home pay.

New rules go into effect January 1, 2022. If you plan to retire after this date and are a general member (group 1), use the personalized pension estimator in My Account.