159 employees reported this benefit
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.
After work for 32 years, you can get 29% of your base salary as the pension
pension plan is very good at
recently changing to the same as other FIs
the coverage has change currently not like the old plan