|Years of service||Your contributions
(% of pay)
|Best Buy Canada
|3 months < 3 years||1–4%||1–4%|
|3 years < 10 years||1–6%||1–6%|
|10 years < 15 years||1–7.5%||1–7.5%|
|15 years +||1–9%||1–9%|
Depending on your years of service, you can contribute up to the maximum percentage listed above and Best Buy Canada will match it dollar-for-dollar.
Once you join the pension plan, you must continue to contribute at least the one per cent minimum until you terminate or retire from Best Buy Canada.
If you also contribute to an RRSP, be sure not to contribute more than the limit set by the Canada Revenue Agency (CRA), which can be found on your annual Notice of Assessment. If you have tax specific questions, contact CRA or a tax specialist.