Staff Pension Plan Update Newsletter – October 2023
The October 2023 issue of the UBC Staff Pension Plan Update newsletter is now available online. Actuarial Valuation Results SPP Lunch & Learn: Actuarial Results 101 What is the SPP Basic Pension Benefit? 2024 Workshop Dates: Understanding your Staff Pension Plan New Pension Airwaves Podcast Episodes SPP Update Presentation: Recording & Slides New to myPension: Address […]
Actuarial Valuation Results
The UBC Staff Pension Plan continues to be well-funded and sustainable. Every three years, the UBC Staff Pension Plan (the “SPP” or “the Plan”) is required by pension regulation to undergo a financial check-up called an actuarial valuation, which is conducted by the Plan’s actuary. The actuarial valuation is one of the ways that the […]
SPP Lunch & Learn: Actuarial Valuation Results 101
UBC Staff Pension Plan (SPP) members are invited to attend a short “Lunch & Learn” to learn more about the actuarial valuation results. Bring your lunch and join us online for a 40-minute information session on Thursday, November 30, 2023 at 12 pm. The information session will be presented by Derrick Johnstone, Executive Director, Pensions, […]
What is the SPP Basic Pension Benefit?
We often refer to the concept of a member’s “basic pension benefit” from the UBC Staff Pension Plan (SPP). But, what does that actually mean? When you join the SPP, you are immediately vested in the Plan, which means you are entitled to a pension benefit when you leave the Plan. The amount you will […]
2024 Workshop Dates: Understanding your Staff Pension Plan
What better way to start the year than to get educated about your pension benefits in a workshop. New 2024 dates have been added to our website. These sessions tend to fill up quickly so we recommend registering early. Register for a Workshop
New Pension Airwaves Podcast Episodes
Is reading newsletters not your favourite thing to do? Listen to the Pension Airwaves Podcast instead! Pension Airwaves is a podcast produced by the UBC Pension Administration Office. Here, we will talk about all things related to the SPP, including pensions in general, retirement considerations, and important Plan information. Short episodes are posted on a […]
SPP Update Presentation: Video Recording & Slides
The UBC Staff Pension Plan held its annual update presentation on June 14, 2023. The presentation was designed to give members an update on how the Plan performed in 2022, membership and financial highlights, key initiatives, Plan funding and investment information, and member communication and services. If you missed the presentation or wish to view […]
New to myPension: Address Updates for Pensioners and Deferred Members
If you are a pensioner or deferred member, you can now make updates to your address through myPension. Log in at my.pensions.ubc.ca and select the Communication Preferences tab. If you are an active member, you can continue to make updates to your address through Workday. Additional Resources Learn more about making changes to your address […]