How Much Do I Pay?

You pay contributions calculated as a percentage of your Pensionable Pay (your basic pay). The minimum personal contribution to the RSP will be 5% from 1 January 2019, but you can choose to pay more. Your contributions are paid into your RSP account on a monthly basis after deduction through payroll.

IMI will also make contributions into your RSP account up to a maximum of 6% of your Pensionable Pay (or as agreed with IMI). The following table shows how IMI’s contributions increase as you increase your own contributions.