- Nova Scotia Canada - Government of Nova Scotia

Workplace Pensions

A pension plan or a group registered retirement savings plan is a way to set aside some of your current income to provide an income for your retirement. A portion of your employment income is deferred to a time when you will no longer be employed. You also defer the tax you would pay on that income. Your employer pays into your pension plan and, in some cases, to your group RRSP.

Your employer might offer one or a combination of three types of plans:

  1. Defined Benefit Pension Plan
  2. Defined Contribution Pension Plan
  3. Group Registered Retirement Savings Plan (Group RRSP)

If an employer offers type 1 or 2, they must also pay into them. The employer does not have to pay into type 3, but might pay the cost of administering a group RRSP.

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Use the Services Directory to quickly access information on all of the services provided by the NS Department of Finance and Treasury Board.


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Mailing Address:
Finance and Treasury Board
Pension Regulation Division
PO Box 2531
Halifax, NS  B3J 3N5

Phone: 902-424-8915
Fax: 902-424-5327

Finance and Treasury Board
Pension Regulation Division
1723 Hollis St, 4th Floor
Halifax, NS  B3J 1V9

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