Pension contribution clarification

With the recent job postings there has been confusion with the way our pension works, particularly, if you are a full-time employee and applying for one of the 50% positions.

Our MSPP (Multi Sector Pension Plan) is based on “Applicable Wages” this mean the basic straight time wages for all hours worked not to exceed the regular annual hours of work. The regular of hours worked is equivalent to a full-time employee to maximum of 2184 hours per year. Therefore, if you are a part-time employee and you “top up your hours” to full time as per the collective agreement, then you will pay in to your pension and it will be matched by the employer for all exceeded straight time hours up to 2184 hours per year.

Hopefully, this clears up some questions on this issue. As always, if you have any questions, I encourage to contact your area rep.