Scotiabank Pension Plan

DC or hybrid plans. Employees must contribute to the plan

not defined pension, still get good amount even you dont contribute.

pension plan benefits contributed from pay

matching RRP plan like every other firm

Pension plan is competitive with industry standard

Being an employee you get good pension as well as insurance plans and benefits from Scotia bank.

Contribution plan, I think that the Defined pension doesnt exist anymore.

Defined benefit pension. Uses average of top 5 earnings years plus years of service multiple

Comparable to the market place to other Canadian banks - enables retirees to live a comfortable life with financial planning during their working years.

The old pension was great as it was defined benefit. They changed it to defined contribution a few years ago.