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Pensioners – COLA (Cost of Living Adjustment)

December 10, 2015

UBC Staff Pension Plan retirees will receive a 0.6% Cost of Living Adjustment (COLA) to their pension effective January 1, 2016. This adjustment is based on 50% of the increase in the Consumer Price Index in the last year. Details regarding how indexing is determined may be read in the November 2014 Staff Pension Plan […]

New Plan Custodian – Northern Trust

August 25, 2015

Effective August 1, 2015, Northern Trust has assumed responsibility of making pension payments to pensioners of the Staff Pension Plan. Pension payments are payable on the first of each month. Northern Trust transferred the pension amounts to each financial institution on July 31, 2015. However, when the first of the month is on a weekend […]

New Executive Director, Pensions

June 18, 2015

We are pleased to announce that Orla Cousineau is the new Executive Director, Pensions for the UBC Staff and Faculty Pension Plans. Orla is a highly regarded pension professional with over 25 years of experience in the pension industry. Prior to UBC, Orla had a longstanding and distinguished career with Mercer and was a client […]