Erebor Pension Plan
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Last reviewed 2026-05-12 · Reading level: grade 6.2 (computed)

Getting started with the plan

When you take a job with a participating employer, you usually start contributing to the plan right away. Here is what to expect in your first year.

Most employees join the plan as soon as they start work. Your employer takes a small share of each paycheque and adds a matching share of their own.

That money is invested and grows over your career. When you retire, the plan pays you a set amount each month for the rest of your life.

You do not need to manage any investments yourself. The plan's job is to grow the fund and pay you reliably once you retire.

Common next steps

Confirm your enrolmentCheck that your employer has set up your account correctly.Try the planning toolGet an illustrative sense of what your pension could look like.Learn about buying serviceSee if you can add past work to your pension record.

Common questions

Can I opt out of the plan?

Most employees are required to join. A few casual or short-term positions are excluded — ask your employer's payroll office to confirm your status.

What if I already have a pension from another employer?

You may be able to transfer service from another public-sector plan. The buying-service page covers how that works.

How much will be taken off my paycheque?

Your contribution rate depends on your salary and is set out in the plan rules. Your pay stub shows the exact amount each period.

Related pages

  • Buying serviceHow to add eligible past work to your pension record, and roughly what it costs.
  • Planning your retirementWhat to think about in the years before you retire, and how your pension is calculated.

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