What is "total retirement income"?
For the many Canadians who don’t have access to a defined benefit plan, retirement income is derived from their savings and government pensions. For you, the main sources of retirement income are your CAAT Plan pension, your government pensions (Canada Pension Plan and Old Age Security) and personal savings such as your RRSPs or service from other pension plans.
Total retirement income can include income from working, either full-time or part time. In the near future, you may also be able to work, and collect a pension from the same employer.
You may have already read about your lifetime pension from the CAAT Pension Plan. Read on to learn about your other sources of retirement income.
RRSPs and your personal savings