Pension & Retirement
Each Canadian carrier runs a different pension structure — Defined Benefit, Defined Contribution, or Target Benefit. Select your airline below to model your accrual based on your career progression, years of service, and fleet.
Select Carrier
WestJet pilots participate in the CAAT Pension Plan — a multi-employer defined benefit plan. Your benefit is based on years of credited service and career average earnings, providing a guaranteed monthly income at retirement regardless of investment performance.
Air Canada pilots participate in CWIPP — a target benefit plan with tiered contribution rates that increase with seniority. Unlike a pure DC plan, TB plans aim for a target income replacement level, with benefits adjusted based on plan funding.
Air Transat pilots participate in a defined contribution plan administered by Desjardins. Contributions are invested and accumulate over your career, with your retirement income dependent on investment performance and total contributions made.
Canadian North pilots participate in a Manulife DC plan with a mandatory 2% employer contribution plus a 50% match on up to 6% of optional pilot contributions. Maximizing your optional contribution to the 6% cap captures the full employer match.
Flair pilots participate in a Sun Life defined contribution plan with tiered contribution rates that increase with years of service — from 3% each at years 1–5 up to 7% each at 20+ years. Both employee and employer contributions rise together as seniority grows.
About These Calculators
Model your pension accrual as you progress through seat and fleet — from First Officer on narrow-body through to Captain on wide-body — with year-by-year projections.
All contribution rates, benefit formulas, and employer matching figures are sourced directly from each carrier's ratified collective agreement. Updated when new contracts are signed.
Project accumulated value or estimated monthly benefit at your target retirement age, accounting for mandatory retirement at age 65 under Canadian aviation regulations.
These calculators are planning tools based on CA data. Actual pension values depend on plan funding, investment performance, and regulatory changes. Not financial advice.
Pension estimates are based on collective agreement data and simplified actuarial assumptions. Defined benefit and target benefit plan values are subject to plan funding status and may be adjusted by plan administrators. Defined contribution projections use assumed rates of return and do not guarantee future performance. Not affiliated with any airline, union, pension provider, or employer organization. For informational purposes only — consult a qualified financial advisor for retirement planning decisions.