Pension Plans in Canada

Employee contribution rate of registered pension plan, category

Employee contribution rate refers to the amount (typically expressed as a percentage of the contribution base) that is needed to be paid by the employee into the pension fund.

Registered pension plans refers to employer-sponsored plans registered with Canada Customs and Revenue Agency and most commonly also with one of the pension regulatory authorities. The purpose of such plans is to provide employees with a regular income at retirement.

The data for this variable are reported using the following classifications and/or lists:

• Employee contribution rate