Quebec non-profits eyeing DB pensions

New retirement income system important to attract employees
By Sarah Dobson
|Canadian HR Reporter|Last Updated: 03/18/2008

Several organizations in Quebec are hoping to roll out a new type of multi-employer pension plan for the more than 100,000 employees in the province’s 14,000 community and social groups.

Looking to meet the needs of this challenging group — characterized by low wages, frequent part-time work, job mobility, 80 per cent women and limited budgets — the plan makes sense for several reasons, said Lynne Toupin, executive director of the Ottawa-based HR Council for the Voluntary/Non-Profit Sector.

For one, the non-profit sector is quite diverse and about three-quarters of the organizations have fewer than 10 employees and one-half have fewer than five, “so having a structure to implement a pension plan system is not on,” said Toupin.