267 employees reported this benefit
100% of your contribution is paid by your employer. It is the best part of TD. If you have vacant contribution space in your RSP, there is an employee future builder you can invest part of your bonuses in & not pay the crazy taxes. Other contributions through the year are matched by TD to a point so your RSPs can grow pretty nicely.
If you are a TD Bank regular employee who is paid through TD’s Canadian payroll and who has completed the three-month waiting period, you may voluntarily join either the Base Plan or Top-up in the TD Pension Plan.
it does not provide to new employee anymore
Pros: TD Covers a lot in pension
TD used to have defined benefit. I believe that it has now changed to defined contribution.
Define benefit which is rare for companies now.
Offer pension and group rrsp plan
Offers to types of plans, top-up and regular. TD has tools to calculate your pension with them at different ages of retirement.
offers a great pension plan
Fully paid by the employer.