Scotiabank Employee Benefit: Pension Plan | Glassdoor

Scotiabank Pension Plan

Updated Dec 16, 2014

164 employees reported this benefit

3.2
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Available to Canada-based employees (Change location)

Employee Comments

Showing 1–10 of 93
  • Feb 06, 2019
    StarStarStarStarStar Current Employee in Toronto, Ontario

    DC or hybrid plans. Employees must contribute to the plan

  • Jan 15, 2019
    StarStarStarStarStar Former Business Analyst in Toronto, Ontario

    not defined pension, still get good amount even you dont contribute.

  • Dec 17, 2018
    StarStarStarStarStar Current Customer Service Representative in Barrie, Ontario

    pension plan benefits contributed from pay

  • Dec 13, 2018
    StarStarStarStarStar Current aNALYST in Toronto, Ontario

    matching RRP plan like every other firm

  • Dec 05, 2018
    StarStarStarStarStar Former Senior Business Analyst in Toronto, Ontario

    Pension plan is competitive with industry standard

  • Nov 22, 2018
    StarStarStarStarStar Current Employee in Halifax, Nova Scotia

    Being an employee you get good pension as well as insurance plans and benefits from Scotia bank.

  • Nov 14, 2018
    StarStarStarStarStar Former Senior Risk Manager in Toronto, Ontario

    Contribution plan, I think that the Defined pension doesnt exist anymore.

  • Nov 13, 2018
    StarStarStarStarStar Current Employee in Toronto, Ontario

    Defined benefit pension. Uses average of top 5 earnings years plus years of service multiple

  • Nov 09, 2018
    StarStarStarStarStar Former Employee in Toronto, Ontario

    Comparable to the market place to other Canadian banks - enables retirees to live a comfortable life with financial planning during their working years.

  • Oct 01, 2018
    StarStarStarStarStar Former Employee in Toronto, Ontario

    The old pension was great as it was defined benefit. They changed it to defined contribution a few years ago.


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