There’s an old saying that the best time to plant a tree was 20 years ago, and the second-best time is today. The same goes for planning for your retirement – sooner is always better.

As a member the Plan, you are a part of a defined benefit pension plan and your contributions are deducted from your bi-weekly pay. However, there is still more that you can do to not only save, but prepare, for retirement.

You should regularly take stock of your personal savings and update a financial plan, or create one if you don’t have one. You should also consider creating or updating your Will with a professional.

Learn more about the advantages of a defined benefit pension plan.