Retirement

Saving Is Important

Most retirement planners suggest you need about 70 percent of your pre-retirement income to continue living the same lifestyle into retirement. The federal government provides for a portion of this amount through programs such as the Canada Pension Plan (CPP) and Old Age Security (OAS). A majority, however, must come from personal savings and employer plans.

How CLAC Can Help!

CLAC negotiates and manages two retirement savings plans in order to assist you in building up your retirement nest egg. Check your collective agreement to determine if you are receiving pension plan or group RSP contributions.