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Home > 2021 > December > 01 > 2022 Cost of Living Adjustment

2022 Cost of Living Adjustment

December 1, 2021

UBC Staff Pension Plan pensioners will receive a 1.35% Cost of Living Adjustment (COLA) to their pension effective January 1, 2022. This adjustment is based on 50% of the change in the Consumer Price Index. Details regarding how indexing is determined may be read in the 2021 SPP Pensioner Newsletter and on the COLA page. Pensioners who retired in 2021 will receive a prorated COLA increase.

Northern Trust Company Canada will mail your T4A slips, for income tax purposes, by the end of February 2022. If you have not received your T4A slips by mid-March 2022, 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 our Member Services team.

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July 25, 2022

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SPP Update Presentation – Recording and Slides

May 6, 2022

2021 Annual Statements for Active and Deferred Members

May 5, 2022

2021 Annual Report

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The UBC SPP Update newsletter is available by email and is published a few times a year.

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UBC Pension Administration Office
201 - 2389 Health Sciences Mall
Vancouver, BC Canada V6T 1Z3
Tel 604 822 8100
Fax 604 822 9471
Website staff.pensions.ubc.ca
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