ELCIC Pension Plan
The ELCIC provides a pension plan for eligible employees of organizations connected to the ELCIC. GSI works to support the future of its membership by the ongoing development of a strong pension plan.
The ELCIC pension plan is a defined contribution plan, which means that the plan requires a specific contribution amount (expressed as a % of salary) to be saved for retirement each month. Those savings are accumulated in your individual account.
These savings are invested in a Fixed Income Fund and a Growth Fund; the split between them is based on your age, and changes each year in your birth month.