CFL coaches don’t have formalized pension plans. No pension plan. What legitimate profession doesn’t provide a pension plan?
Some teams do have pensions for their coaches, but there is not a league-wide investment plan like there is for the players. Remember that when the players gripe about the CFL having a double-standard for players’ and coaches’ salaries.
The CFL Players’ Association doesn’t think it’s fair that coaches or general managers can get out of their contracts early to pursue better jobs in the CFL or NFL. And the CFLPA is grumbling that coaches’ salaries are guaranteed for one, two, or three years, for as long as they sign. If they get fired, CFL teams pay the remainder owing.
Players’ salaries aren’t guaranteed like that, although CFL veterans get the rest of their year’s contract paid if they’re on a roster at a certain stage of the season. Otherwise, CFL teams can cut a player at virtually any time including mere hours before a contract bonus is due. That’s not fair, either. But at least they get a pension.