The following table is a summary of all your plan. Consult the ‘Welfare & Pension Plans – February 2015’ booklet for more detailed information about your Pension Plan.
| PENSION PLAN | |
|---|---|
The plan is designed to provide you with an income when you retire. Normal Retirement age under the Plan is 63, however, earlier options are available. Several pension options are available at retirement, and are explained in the Pension section of this booklet. Since July 1, 2012, members who have had 700 or more hours remitted to the Pension Plan are entitled to membership in the Plan. The Plan provides for:
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