Pensioners – COLA (Cost of Living Adjustment)

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 Update newsletter, or viewed at the COLA page. Pensioners who retired in 2015 will receive a prorated cost of living increase.

RBC Investor & Treasury Services and Northern Trust Company Canada will mail your T4A slips, for income tax purposes, by the end of February 2016. If you have not received your T4A slips by March 1, 2016, please contact one of the numbers listed below for a copy.

RBC Investor and Treasury Services: 1-800-668-1320
(for pension payments made between January and July 2015)

Northern Trust Company Canada: 1-800-711-1101
(for pension payments made between August and December 2015)

If you have any questions regarding your pension payment, please feel free to telephone the Pension Administration Office at 604-822-8646 or 604-822-8883, or you may contact us via the Online Contact / Feedback Form.