Woman doing yoga while thinking about her pension journey

Employer Contributions

As a Plan member, you receive a significant benefit from your employer who pays into LAPP on your behalf. Your employer matches your contributions as well as paying an extra 1% throughout your employment.

That contribution is quite generous, with the total contributions currently averaging almost 13% of your annual salary every year. That really adds up and is a substantial benefit at a time when most Canadians have no workplace pension at all.

One of the greatest values of your LAPP pension is that your employer is helping secure your retirement. Many Canadians will retire from their jobs with no retirement income beyond their government pension plans including Canada Pension Plan (CPP) and Old Age Security (OAS). For those who've worked most of their lives, these government plans are estimated to provide only 25% to 30% of what people earned before retirement.

If you've worked a full career with LAPP employers — depending on the number of years you've contributed to the Plan, and including your CPP and OAS — you could end up with a pension that provides as much as 70% of your pre-retirement income (and usually along with much lower living and work-related expenses).

Each person’s pension will be different, depending on salary and years of services in the Plan, but you will end up with a much larger pension at retirement than you could pay for yourself because employers have made a 51% contribution on your behalf. At a time when most people have no workplace pension at all, employer contributions are an important part of why Your Plan has Value.


Card Titled Your Plan is in Good Hands

In This Section

Read all about the governance, oversight, and operational functions that ensure your LAPP pension is on track.

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Card Titled Your Pension is Secure

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Learn how the LAPP pension fund is professionally managed to provide you with a secure retirement income.

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Card Titled Your Life with LAPP

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Discover information and tools to help you understand and manage your LAPP pension through every step of your career.

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