Retirement Benefits

CF Industries wants you to feel secure and prepared for life after your career.

To help you reach your long-term financial goals, CF Industries partners with Manulife to offer a variety of retirement benefits. To ensure that all members of the plan take full advantage of the company’s contributions, CF automatically enrolls all new and eligible employees with a 6% contribution rate into their Defined Contribution Plan (DCPP) account. These elections can be updated by members at any time in their accounts with Manulife.

Eligibility

All current and future employees can benefit from our retirement options. The automatic company contributions begin on your first full pay period following the start of your employment and require no action to be taken beforehand.

Employee Contributions

Employees are eligible to contribute up to 75% of their eligible pay in accordance with annual CRA limits into the plan. Once the members’ cumulative contributions into the registered retirement savings plan (DCPP/RRSP) reach the annual CRA limit,

  • the members’ own contributions will transition to the Non-Registered Savings Plan (NRSP),
  • and the company’s matching and the automatic contribution will transition to the Supplementary Employee Retirement Plan (SERP) for the remainder of the calendar year.

Company Contributions

CF Industries contributes to your Defined Contribution account two ways:

  1. Matching Contributions: The Company matches 6% of your contributions to the plan at 1​​​​00%.*
  2. Company automatic contributions: CF contributes to your DCPP accounts between 4% and 7% of your eligible earnings. These contributions are made based on your length of service with the CF. See chart below.
Length of Service
Company Contribution
Less than 5 years
4%
Less than 10 but more than 5
5%
Less than 15 but more than 10
6%
15 or more years of service
7%

*(not applicable to the Spousal RSP contributions).

Eligible Earnings

The plan’s eligible earnings are defined as one’s base salary or wages paid by the company plus incentive pay. Eligible earnings exclude overtime pay and payments in lieu of vacation.

Vesting

The plan members are fully vested in all company contributions.

Employee Contributions At-a-Glance

DCPP
RRSP
TFSA
NRSP
Payroll Contributions Yes Yes No Yes
Before-tax Contributions Yes Yes* No No
Tax-deferred Growth Yes Yes Yes No
Contributions Limits Varies each year Varies each year Varies each year No
Tax-free Withdrawals No No Yes Yes
Accessibility No access while employed; locked until minimum age of 55 for retirement Unlimited access and subject to tax Unlimited access Unlimited access
*If contributions are made through payroll

Contact Information

Manulife

Call 888-727-7766

Visit www.manulife.ca/GRO

App View available apps 

Choose a Beneficiary

Designating a beneficiary ensures your account is distributed according to your wishes. It is important to review your designation regularly and update it after important life events. To learn more about designating or updating your beneficiary, search for “Retirement Benefits” on The Loop.

Medicine Hat employees hired before November 1, 2021, are eligible for the Defined Benefit Pension plan and the Group Employee Retirement Savings Plan through the end of 2025. On January 1, 2026, they will transition to the Defined Contribution Plan that is currently available to all other CF employees in Canada.