Canada Mortgage and Housing Corporation Pension Plan (CMHC Plan) is a single employer corporate pension plan based in Ottawa, Ontario. The plan is a compulsory contributory pension plan for all employees who satisfy certain eligibility conditions. Under the CMHC Plan, contributions are made by the CMHC Plan members and Canada Mortgage and Housing Corporation. The CMHC Plan had a defined benefit ("DB") and a defined contribution ("DC") component. The DB component applies to employees hired prior to April 4, 2013, and the DC component applied to new employees hired on and after April 4, 2013. The plan is managed by the executive management team.