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City of Saint John

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4 reviews

About City of Saint John

The City of Saint John provides retirement and disability benefits to its employees through the provisions of the City of Saint John Employee Pension Plan (the Plan). The Plan is a defined benefit pension plan that provides employees with a retirement pension equal to 2% of their average earnings for each year of pensionable service. The Plan is a separate – more... legal entity from the City administered by a Board of Trustees. The provisions of the Plan are set out in Provincial Legislation, The City of Saint John Pension Act. The Board of Trustees includes the Mayor and two members of Common Council, the City Manager, The Commissioner of Finance, the Common Clerk, one representative from each of the four civic unions, one representative from the management/non-union employees and one representative from the Retirees Association. The Plan is jointly funded through contributions from the City and all employees. Employees are required to pay 8.5% of their earnings into the Plan and the City must contribute at least 7% of employee earnings. The City's contributions vary as ultimately it must make up any difference between the employee contributions and the funding requirements determined through on-going actuarial valuations of the Plan. – lessMore from ZoomInfo »

City of Saint John Employer Reviews

Labourer (Former Employee), Saint John, NBOctober 3, 2013
Skilled Services Worker (Current Employee), Saint John, NBAugust 29, 2013
Electrical/Instrumentation Control Specialist (Current Employee), Saint John, NBJuly 23, 2013
skilled labouer (Former Employee), Saint John, NBNovember 15, 2012

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