Get a clear picture of the Desjardins Group Pension Plan’s (DGPP) financial position and practices that support the plan’s viability.
A solid plan you can trust
The DGPP maintains a strong financial position, supported by rigorous management and a long-term investment strategy.
Every year, we assess our main indicators to confirm that the plan remains stable and able to pay out the promised benefits.
Our main financial indicators
The plan’s financial ratios provide a clear picture of its overall health and help you track its progress over the years.
Funding ratio and solvency ratio
The funding ratio measures the DGPP’s ability to meet its commitments to plan members over the long term. A ratio of over 100% indicates that the plan has the necessary resources to meet its future obligations. In 2025, the funding ratio remained relatively stable at 119% compared to 122% in 2024. This far exceeds the target level established under Quebec legislation, which was 113% for our plan as at December 31, 2025.
The solvency ratio assesses the DGPP’s ability to pay benefits if the plan were to be terminated. This ratio increased from 105% in 2024 to 107% in 2025, once again demonstrating the plan’s stability and resilience.
These results confirm that the DGPP is in good financial health and show that we’re being diligent in our risk management practices and effective with our investment strategies in an uncertain global economic and geopolitical environment.
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119%
Funding ratio |
107%
Solvency ratio |
How the plan is funded
DGPP funding is based on clear rules that comply with legal requirements. The plan shares costs between active plan members and employers to ensure benefits are sustainable and contributions remain stable.
Cost sharing
The employer funds 65% of the cost of the plan, while active plan members cover 35%. For every $1 contributed by employees, employers contribute $1.85.
Contribution formula for active plan members
Each active plan member contributes based on their contributory earnings. The current contribution formula is 4.4% of contributory earnings up to 65% of the maximum pensionable earnings (MPE) plus 7.8% of earnings above this threshold
Funding that complies with current laws
Funding for future benefits, including expenses and amortization of deficits, corresponds to the total contributions made by active plan members and employers.
In addition to these contributions, Desjardins may, on an exceptional basis, advance additional amounts to fund plan deficits more quickly. If the plan has a surplus, these advances may be paid back to Desjardins in accordance with applicable laws and before the surplus is used for any other purpose.
Careful management that supports the plan’s viability
Some of our key objectives include maintaining strong financial health and stable contributions over time.
That’s why we take a cautious and rigorous approach when it comes to managing DGPP funding. We regularly review our forecasts and adjust our assumptions to account for factors that may affect the plan’s future performance.
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We also include provisions and margins to deal with unforeseen events. This ensures that the DGPP has the necessary resources to meet its long-term obligations and ensure financial stability.
We closely monitor economic and demographic factors that could affect the plan’s financial health. Management decisions are made carefully to ensure that benefits are sustainable and that the DGPP is stable for all plan members and beneficiaries.
Our commitment to strong financial health
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Contribution level
Plan members and employers pay the contributions set out in the Desjardins Group Pension Plan Regulation. The goal is to maintain a stable contribution level. |
Expected performance
The DGPP’s expected financial performance takes into account the most probable assumptions and includes certain provisions.
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Promised benefits
The amounts to be paid out by the DGPP in the future are estimated based on assumptions about wage increases and according to plan members’ retirement age and life expectancy.
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