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Staff Pension Plan Update Newsletter – November 2018

November 8, 2018

Members will start receiving their November 2018 issue of the Staff Pension Plan Update newsletter this week by email or paper mail. In this issue: Your vote matters in the Staff Pension Plan Election Pension Fair Recap: Frequently Asked Questions Go Paperless: Annual Member Statements  Completion of Employer Contribution Increase Important Dates Pension Office Holiday […]

Your vote matters in the Staff Pension Plan Election

November 8, 2018

An election is underway for two Plan members to join the UBC Staff Pension Plan (SPP) Board for a four-year period from January 1, 2019 to December 31, 2022. Your vote matters! You have input on who will sit on the SPP Board and represent the interests of Plan members. The SPP Board has the […]

Pension Fair Recap: Frequently Asked Questions

November 8, 2018

We host a Pension Fair every year in June where members can meet the Pension Board members and the Pension Administration Office staff. It is a great opportunity to learn more about the pension plan and ask questions about your benefits. If you missed this year’s Pension Fair, here are some of the most common […]

Go Paperless: Annual Member Statements

November 8, 2018

Members can now view their annual member statements online at myPension under Statements. Only statements from 2017 onwards will be available online. Opt out of paper statements You will continue to receive printed annual statements in the mail every year unless you opt out through myPension. Sign into myPension and on the Communication Preferences page, select the ‘Electronic’ […]

Completion of Employer Contribution Increase

November 8, 2018

In our November 2017 newsletter we announced that the UBC Board of Governors approved an increase in the employer contribution to the SPP. The increase in the employer contribution rate assists the SPP Board in achieving its objective to ensure the SPP is financially sustainable for the long-term. The increase was implemented in two steps […]

Important Dates

November 8, 2018

2018 Retiree Statements Pensioners will receive their annual retiree statement in December 2018, which includes their Cost of Living Adjustment information. You can opt out of paper statements through myPension. 2018 Annual Statements (for Active and Deferred Members) Active and Deferred members will receive their annual statement as at December 31, 2018 in May 2019. […]