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HSAS & Canadian Blood Services: March 1, 2017 to March 31, 2022

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ARTICLE 17 – PENSION PLAN

17.01     Employees who become eligible for pension plan participation and who elect or are required to participate in a pension plan, may participate in either the Canadian Blood Services Defined Benefit Pension Plan or the Canadian Blood Services Defined Contribution Plan, in accordance with the provisions of the plan selected by the Employee. The Employer will notify Employees when they become eligible to join the Pension Plan.

17.02     The Employer shall provide each Employee with an annual personal statement of account
summarizing Employee contributions, pension entitlement, and other information as may be required by legislation.

17.03     The Employer shall make available to all Employees any relevant and related material outlining the above plan, upon hiring and when there are changes to the plan.

17.04     The Employer shall provide retirement benefits for Employees by way of Participation in the Canadian Blood Services Pension plan subject to the eligibility requirements for membership under such Plan.

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