Air Canada 2012 Annual Report Download - page 117
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2012 Consolidated Financial Statements and Notes
117
Defined Contribution Pension Plans
The Corporation's management, administrative and certain unionized employees may participate in defined contribution
pension plans or multi-employer plans which are accounted for as defined contribution plans. Contributions range from 3% to
6% of annual pay for those employees in Canada and 3% to 7% of annual pay for those participants in the United Kingdom.
The Corporation contributes an amount expressed as a percentage of employees’ contributions with such percentage varying
by group and based on the number of years of service.
The Corporation’s expense for defined contribution pension plans amounted to $3 for the year ended December 31, 2012
(2011 – $3). Expected total employer contributions to defined contribution pension plans for 2013 are $4.