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This page outlines who may join the Canadian Blood Services Defined Contribution (DC) Pension Plan.



Regular full-time employees

If you are a member of one of the Participating Unions, you may not join the DC plan. Instead, you enroll in the DB plan once you meet eligibility requirements. Go to the glossary for the list of Participating Unions or consult the DB plan booklet or the DB plan website at cbs.hroffice.com for more information.

  • If you're a regular full-time employee, you may join the plan on the first day of the month following three complete months of continuous service. If you don't join then, you can join on the first day of any month thereafter, or

  • You must join this plan or the DB plan (see the website, at cbs.hroffice.com, for details) by the first day of the month in which you complete two years of continuous service. If you do not choose a plan by the first day of the month in which you complete two years of continuous service, you will be automatically enrolled in the DB plan.

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Employees other than regular full-time employees

In all Canadian provinces, except Manitoba

Effective January 1, 2010, if your employment status is something other than regular full-time (that is if you are a full-time term, part-time or casual employee), you may join the plan on the first day of the month following three complete months of continuous service.* Or, you may choose to join the DB plan instead (see website cbs.hroffice.com, for details).

* Other than regular full-time employees with at least three months of continuous service on January 1, 2010 shall be eligible to participate in the plan as of that date and not prior to that date. Prior to January 1, 2010, two years of continuous service were required for participation.
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Manitoba employees

  • You may join the plan on the first day of the month following three complete months of continuous service. If you donít join then, you can choose to join on the first day of any month thereafter, or if you work in Manitoba ó whether full-time or other than full-time ó you may join the Defined Contribution (DC) plan the first of the month after you complete three months of continuous service. If you don't join then, you can choose to join on the first day of any month thereafter

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Participating unions

If you are a member of one of the following unions, you may not join the Defined Contribution (DC) plan. Instead, you enrol in the CBS Defined Benefit (DB) Pension plan once you meet eligibility requirements.

  • British Columbia Nurses' Union
  • Canadian Union of Public Employees, Local 1655
  • Canadian Union of Public Employees, Local 1846
  • Canadian Union of Public Employees, Local 3728
  • Health Sciences' Association of British Columbia
  • Hospital Employees' Union of British Columbia
  • Manitoba Nurses' Union
  • Newfoundland and Labrador Nurses' Union
  • Nova Scotia Nurses Union
  • Ontario Nurses' Association
  • Ontario Public Service Employees' Union
  • Saskatchewan Union of Nurses

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Choosing not to join

You may choose not to join the plan if you:

  • are already a member of the CBS Defined Benefit (DB) Pension plan,

  • are a regular full-time employee and have not yet completed two years of continuous service,

  • work other than full-time (unless you work in Manitoba and have completed two years of continuous service, having earned at least 25% of the Year's Maximum Pensionable Earnings in each of two consecutive calendar years),in which case you automatically join the plan.,

  • work in the Northwest, Nunavut, or Yukon Territories, if you object to pension plan membership on the basis of religious beliefs, or

  • work in Manitoba,and if you are a full-time student, or a member of a religious group that has as one of its articles of faith the belief that members of the group must not join a pension plan.

If you don't join the plan, you will have to sign a form indicating that you've been given the chance to join and chose not to.

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Examples



Dawn is a regular full-time non-union employee


Date of hire January 15, 2009
Dawn may join this plan or the DB plan May 1, 2009
Dawn must join this plan or the DB plan January 1, 2011


Ming is a regular full-time employee, represented by a Non participating Union

Date of hire April 20, 2009
Ming may join this plan or the DB plan August 1, 2009
Ming must join this plan or the DB plan April 1, 2011


Sandy just transferred to a regular full-time position

Date of hire in a part-time position June 5, 2003
Sandy could have joined this plan June 1, 2005
Sandy transferred to full-time December 1, 2008
Sandy must join this plan or the DB plan December 1, 2008


Ahmed is a temporary full-time employee

Date of hire June 27, 2008
Ahmed is eligible to join this plan or the DB plan January 1, 2010


Dmitri is a part-time employee

Date of hire January 15, 2010
Dmitri is eligible to join this plan or the DB plan May 1, 2010


Phil is a temporary part-time employee working in Manitoba

Date of hire August 12, 2008
Phil may join this plan December 1, 2008
Phil earns in 2008 $11,225 (25% of 2008 YMPE)
Phil earns in 2009 $11,575 (25% of 2009 YMPE)
Phil must join this plan or the DB plan August 1, 2010


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