What are the member groups?

The plan has specialized member groups for police officers and firefighters.

How Group 5 is different from Group 2

Groups 2 and 5 differ in a number of ways.

Members and employers in Group 5 pay higher contribution rates than members and employers in Group 2. This is valuable because police officers and firefighters can retire earlier.

Members accruing pensionable service in Group 5 must stop contributing to their special agreement (SA). SA contributions end the day before a member is enrolled in Group 5. SA accounts will continue to accrue pension interest until the member retires or ends their membership in the plan.

Participation in Group 2 is automatic for members who are police officers and/or firefighters. Participation in Group 5 requires the employer and the union to collectively bargain enrolment through an agreement and apply to the Municipal Pension Board of Trustees for approval.