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How good is my company's pension or savings plan?

Before you join a workplace pension or savings plan, it’s good to know how your plan compares with what other companies are offering. If you have the choice between a couple of plans, check them out carefully. If you don’t have a choice, at least you will know the value of what you are getting.

We’ve created a short list of questions to ask before you join a workplace pension or savings plan. Read on to find out:

  • How do I assess a defined benefit pension plan? Learn more now.
  • How do I assess a defined contribution pension plan? Learn more now.
  • How do I assess a Group Registered Retirement Savings Plan (Group RRSP)? Learn more now                  

Use these 14 questions to help you assess your pension plan.

Remember: It’s always good to know what you’re getting.

First, it can help you compare different options. Second, it can help you make better choices about how much you will need to save on your own for your retirement.