A defined benefit pension plan guarantees you a certain amount of monthly retirement income.
Pension & savings plans
Different kinds of workplace pension plans provide retirement income.
What is a pension plan and how does it work?
A pension plan can provide you with income during retirement.
How defined contribution pension plans work
Defined contribution pension plans guarantee the contributions to your account.
Other types of workplace savings plans
Savings plans may be offered by some employers instead of, or in addition to, pension plans.
Individual Pension Plans (IPPs)
An individual pension plan is a defined benefit pension plan for one person.
How Group RRSPs and Group TFSAs work
Important things to know about these plans.