PAOC Pension Plan

Supporting the PAOC Mission

When surveyed it was very clear that PAOC membership had a strong desire to continue to support the mission of the fellowship through the existing mortgage pool. In consultation with PAOC leadership, BMA Benefits and Canada Life have designed a uniquely structured DC Pension Plan that will allow this to continue. Through the DC Plan new assets will be made available to be utilized by the PAOC mortgage pool. Once the DC Plan assets reach a stable threshold, which we anticipate may be a few years from the start of the plan in 2020, members will be able to self-direct their contributions to the mortgage pool. The Board of Trustees will also be able to direct employer contributions to the pool as they see fit.

About BMA

BMA Benefits is a consulting firm providing financial advising to PAOC and its members. In conjunction with PAOC and Canada Life we will consult, design, implement and monitor the PAOC DC Pension Plan. Our services include individual financial advising for all members of the PAOC DC plan and their families, provided at no cost.