The UBC Staff Pension Plan as a Target Benefit Plan
The new Pension Benefits Standards Act of British Columbia (the “PBSA”) came into force on September 30, 2015. The PBSA introduced a new class of pension plan called a Target Benefit Plan. The UBC Staff Pension Plan (SPP) Board and its advisors have worked with the Financial Institutions Commission of British Columbia to review the […]
Your vote matters in the Staff Pension Plan Election
The UBC SPP is currently holding an election for two Board members to serve on the Pension Board for a four-year period from January 1, 2017 to December 31, 2020. Why your vote matters You have input on who will sit on the SPP Board and represent the interests of Plan members. The SPP Board […]
Canada Pension Plan Changes
In October 2016, the federal government introduced legislation to enhance and strengthen the Canada Pension Plan (CPP). Changes to the CPP will take effect starting in January 2019. The UBC Staff Pension Plan Board will review these changes and updates will be posted on the Plan’s website and in the UBC SPP Update newsletter. For […]
Pension Office Holiday Closure
The UBC Pension Administration Office will be closed from December 24, 2016 to January 2, 2017 inclusive. The office will reopen on January 3, 2017. If you have an urgent pension inquiry during the holiday closure, please leave a message at 604-822-8119. These messages will be monitored daily over the holiday period. Lump sum payments […]
Missed the Pension Fair?
The UBC SPP hosts an annual Pension Fair, where SPP members can meet the Pension Board members and the management and staff of the UBC Pension Administration Office. The event is a great opportunity to learn more about the pension plan, your pension benefits, and other retirement considerations. If you missed this year’s Pension Fair, please […]