Last month, the Board of Governors approved changes to enrolment under the UBC Staff Pension Plan (SPP). Currently, eligible staff have the option of delaying their enrolment in the UBC Staff Pension Plan for up to three years. After three years, enrolment becomes mandatory. Under the current rules, approximately 89% of eligible staff choose to […]
Members will start receiving their May 2019 issue of the Staff Pension Plan Update newsletter this week by email or paper mail. In this issue: 2019 Staff Pension Plan Fair 2018 Annual Report Election results and Pension Board updates New Pension Board members Go Paperless: Opt out of a paper annual statement Keeping your contact information […]
Annual Statements for UBC Staff Pension Plan retirees will be mailed in mid-December. Retirees who have subscribed to electronic statements will receive email notification of when their statement is available for viewing on myPension. Subscribing to an electronic annual statement is not only kinder to the environment, but it also reduces costs for the pension […]
UBC Staff Pension Plan retirees will receive a 1.15% Cost of Living Adjustment (COLA) to their pension effective January 1, 2019. 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 […]
We are pleased to announce that Christie Stephenson and Shannon Dunn have been elected as members of the Staff Pension Plan (SPP) Board in the recent election. Both Ms. Stephenson and Ms. Dunn will be joining the Board for their first terms of office from January 1, 2019 to December 31, 2022. We would like […]
Voting closed at 4:00 p.m. on Monday, November 19 for the Staff Pension Plan (SPP) Election for two Pension Board members. Thank you to everyone who took the time to participate in this year’s election. Results will be posted on the SPP website on Monday, December 3.
Members will start receiving their November 2018 issue of the Staff Pension Plan Update newsletter this week by email or paper mail. In this issue: Your vote matters in the Staff Pension Plan Election Pension Fair Recap: Frequently Asked Questions Go Paperless: Annual Member Statements Completion of Employer Contribution Increase Important Dates Pension Office Holiday […]
The Staff Pension Plan (SPP) Election for two Pension Board members is now underway. Your vote is important in determining who will sit on the pension board and represent the interests of Plan members. Election packages were mailed to Plan members on Tuesday, October 23, 2018. Follow the link below for candidate information and to […]