Prairie Centre Credit Union
Pension:
Pension benefits will be provided to qualifying employees on a matched basis. Qualifying staff members must contribute the basic 5% of their gross pay to the pension plan through payroll deductions. In addition to the basic matched contribution rate, an individual may make further optional matched contributions to the pension plan to a maximum of 2% in 1% increments. These additional matched contributions may be directed to PCCU's Personal or Spousal RRSP Plan.
Planned Retirement at PCCU:
Prairie Centre offers a unique planned retirement opportunity for targeted management and specialist positions. The planned retirement option is a measure to assist in mimimizing the loss of organziational knowledge and expertise due to retirements of senior staff through early advice and planning. The planned retirement program also serves to enhance employee succession planning and retention by providing a date for an individual's retirement from one of the targeted positions and therefore provide planning and lead time for recruitment and training of those positions.
There are two types of Planned Retirement with position eligibility for each. Both plans include additional paid vacation leave.
