UBC Staff Pension Plan retirees will receive a 0.50% Cost of Living Adjustment (COLA) to their pension effective January 1, 2021. 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 on the COLA page. Pensioners who retired in 2020 will receive a prorated cost of living increase.
Northern Trust Company Canada will mail your T4A slips, for income tax purposes, by the end of February 2021. If you have not received your T4A slips by mid-March 2021, please contact the SPP Member Services team for a copy.
- Northern Trust Company Canada: 1-800-711-1101
- Pension Administration Office: Contact Member Services
If you have any questions regarding your pension payment, please feel free to contact the UBC Pension Administration Office.