New Pension Board Member
Introducing Michal Jaworski Michal is the newest member to join the SPP Board. We asked Michal about his past experience and what he looks forward to in his new role on the Pension Board. QUESTION: What experience do you bring to the SPP Board? MICHAL: I have spent the past 11 years working as a […]
Annual Governance Update
The 2016 annual governance report was presented to the UBC Board of Governors in April 2017. The Board of Governors was advised that the SPP was compliant with the B.C. Pension Benefits Standards Act and Regulations, and with internal governance policies. A copy of this presentation as well as past reports are available in the Plan […]
2017 Cost of Living Adjustment
On January 1, 2017, SPP retirees received an increase to their pension of 0.7%. This Cost of Living Adjustment (COLA) was 50% of the change in the Consumer Price Index (CPI). What is a COLA? When you retire, you receive a lifetime pension, and the pension may be increased on January 1st of each year […]
Annual Statements Coming Soon
The 2016 Annual Statements for Active and Deferred members of the UBC Staff Pension Plan will be in the mail the week of May 22. A Guide to reading your SPP Annual Statement is available on our website to help you with reading your annual statement. Please review your statement for any errors in beneficiary information, birth date, […]