Pensions:

Most schools follow the CTABC-SCSBC recommended Canadian Christian School Pension Plan and Trust Fund. Twenty six School Societies participate in this ‘defined benefit” plan. The option to each teacher can be 4.5, 7 or 8.05 percent and the same corresponding amount for the School Board. CTABC recommends the 8.05 option commencing the 2010-2011 school year. Most schools have adopted this recommendation by the 2011-2012 school year.

A rationale for Pensions can be found on the Home Page "FAQ" link and check question 9 on Pensions. This question also explains a "defined benefit plan" and a "self-directed plan" and why CTABC favours the defined benefit plan approach.   

Check www.csionline.org/csibenefits/ to get detailed clarification on what the "Canadian Christian School Pension Plan " has to offer. This is a very useful site.