Scotiabank Pension Plan

212 employees reported this benefit
Updated Dec 16, 2014
3.3
109 Ratings

Employer Summary

Employer Verified Available to CA-based employees (Change location)

Employee Comments

Showing 1–10 of 109
Aug 18, 2020
Former Manager in Toronto, Ontario

There is DB portion of the pension plan

Mar 30, 2020
Former Senior Branch Manager in Toronto, Ontario

Typical for a Canadian Financial Institution.

Mar 25, 2020
Current Financial Advisor in Toronto, Ontario

Plan is a Defined contribution plan

Mar 9, 2020
Current Programmer Analyst in Toronto, Ontario

Pension Plan is pretty good

Mar 2, 2020
Former Systems Analyst in Toronto, Ontario

Offer to match employee contributions

Feb 24, 2020
Current Employee in Toronto, Ontario

Do not provide valuable amount compare to the market.

Dec 20, 2019
Current Employee in Toronto, Ontario

No more full defined benefits for the new hire. A mixture more skewered towards defined contributions

Oct 18, 2019
Current FX sales analyst in Toronto, Ontario

Will contribute same amount to pension

Sep 30, 2019
Former Employee in Ottawa, Ontario

No real complaints here - most companies have eliminated it altogether.

Sep 18, 2019
Former Employee in Toronto, Ontario

Up until recently pension benefits were DB - I believe they are now DC (matching) - or a mix. Pension is well administered and the projected payout is fair.

Viewing 1-10 of 109