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Responsibilities | Pension Plans
Information for Pension Plan Members
Negotiated Cost Plans
A negotiated cost plan is a pension plan where an employer's financial contribution to the plan is limited to the amount the employer is contractually required to contribute to the plan, normally under a collective agreement.
Some negotiated cost plans are single employer plans, others are multi-employer plans. Most unionized construction workers belong to a negotiated cost, multi-employer plan, as the contributions are negotiated under a collective agreement, and contributions are made by a number of employers.
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