The Staff Pension Plan 2020 Annual Report is online. The report includes a Message from the Chair and Executive Director, membership statistics, Plan and financial statistics, a review of the Plan’s funds and investment performance, and information about how to access your pension information online.
Throughout 2020, our primary focus has remained on enhancing benefit security and the long-term sustainability of the Staff Pension Plan. The results of our recent actuarial valuation at the end of 2019 found the Plan well-funded with a 22.6% safety margin. The Pension Board continues to closely monitor the Plan’s overall financial condition and the impact of COVID-19 on the Plan’s investments.