The CSS Pension Plan surveyed employer members of the Plan between Dec. 15, 2022 and Jan. 13, 2023. During that timeframe, we received 86 total responses from participating CSS employers. The survey aimed to collect responses from senior leaders who oversee their organization's membership in the CSS Pension Plan. Employer responses show strong levels of familiarity with the CSS Pension Plan and strength in our reputation.
The main reason why employers offer the CSS Pension Plan as part of their total rewards packages is to help their employees achieve financial security in retirement - this reason shows alignment between employers and the CSS Pension Plan's overall purpose statement.
Employers highly value CSS' in-plan retirement income options, complimentary advisory services for members, and co-operative governance structure. Results also show that employers prefer using digital communication methods when interacting with CSS and administering benefits to their employees. Some employer comments pointed to a need for enhanced digital tools and education for administrators, and more education and information about the Plan for their employees, particularly new hires.
2022-2023 Employer survey results