We have added a new video to our library. Designating a Beneficiary Naming a beneficiary for your pension is an important way to ensure peace of mind that your pre-retirement pension benefit will be paid to the recipients that you want, in the event of your death. Watch the Video
Every three years, the Staff Pension Plan is required to undergo a financial checkup called an actuarial valuation. This checkup helps us to assess whether the SPP’s funding is sufficient to support Plan benefits now and in the future, in particular, the level of post-retirement indexing that can be supported. The valuation also enables the […]
During your career, you may have many life events occur. These life events might include adding a child to your family, changing your marital status, going on a leave of absence or parental leave, leaving UBC before retirement, or retiring from UBC. In many instances, you may need to make decisions and take action regarding […]
[Originally published July 19, 2022. Revised November 16, 2022] Orla Cousineau, Executive Director, Pensions retired in August 2022. Orla joined the UBC Pension Administration Office in 2015 and has made many contributions to the UBC Staff Pension Plan (SPP). Orla led all activities related to the administrative operations of the Plan and greatly supported the […]
The Pension Administration Office will be closed for the holidays from December 24, 2022 to January 2, 2023 inclusive. Our office will reopen on Tuesday, January 3, 2023. If you have an urgent pension inquiry during the holiday closure, please leave a message at 604-822-8647. These messages will be monitored over the holiday period. The […]
An election and by-election are now underway for members to join the UBC Staff Pension Plan (SPP) Board. All Plan members are encouraged to vote. The election is for TWO members to serve a four-year term from January 1, 2023 to December 31, 2026. The by-election is for ONE member to serve a two-year term […]
The Pension Administration Office will be closed on Monday, September 19. Our office will reopen on Tuesday, September 20.
An election process will be held for three Board members, to be elected by and from the membership of the UBC Staff Pension Plan (SPP), to serve on the Pension Board for either a two or four-year term beginning January 1, 2023. Christie Stephenson and Shannon Dunn’s terms will expire on December 31, 2022. Lia […]
The 2021 Financial Statement for the UBC Staff Pension Plan is now online. Current and past financial statements as well as annual reports are available on the Annual Reports & Financial Statements page.
The UBC Staff Pension Plan (SPP) held its annual update on June 7, 2022. The presentation was designed to give SPP members an update on how the Plan performed in 2021, membership and financial highlights, 2022 initiatives, Plan investment information, tips on how to read your annual statement, and overall reassurance that the pension plan […]