Is a deferred annuity right for your needs?

A deferred annuity is the ideal option for the participant who wants access to the security of a pension based on a well-governed and well-managed defined benefit pension plan.

It doesn't matter when you retire; your pension will be protected until you're ready to collect it.

Your deferred annuity provides permanent benefits before and after your retirement:

• Retirement when it's convenient for you – No need to follow market trends or worry about the impact of the economy on your retirement date. Your pension amount is guaranteed, regardless of market changes, interest rates, or other external factors.
• You can take early retirement and receive a reduced pension – from the age of 55, or from the age of 50 if you are accumulating a pension under the DBprime design and have more than 20 years of pensionable service when you leave your job or if you are accumulating a pension under the DBplus design.
• Your deferred annuity may have an inflation protection increase to offset some of the effect of inflation before you even start collecting it.
• You can decide to transfer your pension to another employer's pension plan (if that plan allows the transfer).
• When you retire, you will have a reliable and stable source of monthly retirement benefits until your death.
• There is no risk of your annuity ending before your death – your monthly benefits will be paid to you for as long as you are alive.
• Survivor benefits may be paid to your survivors if you die before retirement or if you have started receiving a deferred annuity.