Full-time and Part-time Employees

In most cases you must become a member of the Pension Plan after 3 months as a full-time employee. Full-time employees also have the option of joining at any time during the first 3 months of employment. For NSHEPP purposes, you are considered a full-time employee if you work 50% or more of regularly scheduled full-time hours on a regularly scheduled basis.

If you are not a full-time employee, as defined above, you have the option to join the Plan at any time provided you have:

  • Completed 24 months of continuous employment, and
  • Either worked 700 hours, or earned at least 35% of the Year’s Maximum Pensionable Earnings (YMPE) under the Canada Pension Plan (whichever is less) in each of the 2 calendar years preceding enrolment. (Note: YMPE for 2020 is $58,700).

Employees who are uncertain about their eligibility to participate in the Plan should contact their employer. Please note that whether you are a temporary or a permanent employee does not impact your eligibility.

Once you are enrolled in the Plan, you must continue to participate while you remain an employee – even if your hours of work and earnings fall below initial enrolment criteria. Your participation in the Plan ceases only when you terminate your employment, retire, or die. (Your employer has enrolment and beneficiary designation forms that you need to complete.)

This website is for informational purposes only. It is not intended to provide specific individual financial, legal, investment, or tax advice. For full details on legal issues and terms of use, see legal disclaimer.
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