As a MEPP member, you will make regular contributions to the Plan. They are automatically deducted from your pay and your employer for investment into the MEPP fund by the fund's Investment Manager.
Your contributions to MEPP are tax deductible, meaning they reduce the income on which you pay taxes every year. Your year-end tax slip from your employer will reflect the adjustment. Visit the Canada Revenue Agency's website for more information.
Both employees and employers make pension contributions to MEPP.