Royal Roads University
Tier2-3: Socially Responsible Retirement Plan

Royal Roads University participates in two public pension plans, the College Pension Plan and the Municipal Pension Plan. Participation in the College pension plan is mandatory for ‘senior administration/management’ employees and all academic staff. The Municipal Pension Plan is mandatory for all other eligible staff (i.e. those not covered by the College Plan, working continuously and full-time or those appointed to a permanent position). Employee contributions are handled through automatic payroll deduction. College Pension Plan Contributions: Employee: 8.71% up to and including YMPE then 9.46% after YMPE Employer: 8.71% up to and including YMPE, then 9.46% after YMPE (YMPE = Year’s Maximum Pensionable Earnings under the CPP - changes each year) Contributions commence upon appointment Municipal Pension Plan Contributions: Employee: 6.99% up to and including YMPE, then 8.49% after YMPE Employer: 7.08% - July/10 = 7.11% (YMPE = Year’s Maximum Pensionable Earnings under the CPP - changes each year) Contributions commence following completion of the employee’s probationary period of employment (if regular employee), or completion of 1 year full-time employment (if auxiliary/temporary employee)