Community Social Services Pension Survey
The Federation of Community Social Services of BC is researching issues related to pensions in our sector and exploring what a sector-wide pension plan could (or should) look like. We would like to hear from you—our members—about your current pension plan (if any) and how retirement benefits affect recruitment and retention at your organization.

All responses will remain confidential. If you have questions about this survey and/or this initiative, please contact The Federation's Member Services Coordinator Kathy Powelson at kathy@fcssbc.ca
Definitions
DEFINED BENEFIT – A defined benefit pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum (or combination thereof) on retirement that is predetermined by a formula based on the employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. Traditionally, many governmental and public entities, as well as a large number of corporations, provided defined benefit plans, sometimes as a means of compensating workers in lieu of increased pay.

DEFINED CONTRIBUTIONS – Typically a retirement saving plan the formula for computing the employer's and employee's contributions is defined and known in advance, but the benefit to be paid out is not known in advance.
Survey
1. Do you have a pension plan for your employees? *
2. If you have a plan, how is it administered? *
3. If you have a pension plan (defined or contribution), where do the employer-contributed funds come from? *
Your answer
4. Would a defined benefit pension plan improve your ability to attract and retain employees? *
No, there would be no benefit
Yes, it would be very valuable
5. What best describes your view of employee pension plans? *
6. Should The Federation explore the possibility of a voluntary plan for the community social services sector similar to the OPTrust initiative in Ontario? *
No, definitely not
Yes, it's a high priority
7. Should The Federation explore a defined benefit pension plan option for members? *
No, definitely not
Yes, it's a high priority
8. How large is your organization? *
9. What percentage of your staff are union? *
Next steps
If you want to remain involved in this work or have additional information to share with The Federation, please contact our Member Services Coordinator Kathy Powelson at kathy@fcssbc.ca
Submit
Never submit passwords through Google Forms.
This content is neither created nor endorsed by Google. Report Abuse - Terms of Service - Privacy Policy