News & Events

2024 Cost-of-Living Adjustment

December 5, 2023

UBC Staff Pension Plan pensioners will receive a 3.08% cost-of-living adjustment (COLA) to their pension effective January 1, 2024. This adjustment is based on 70% of the change in the Consumer Price Index. Details regarding how indexing is determined may be read in the 2023 SPP Pensioner Newsletter and on the COLA page. Pensioners who […]

Staff Pension Plan Update Newsletter – October 2023

October 4, 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 […]

SPP Lunch & Learn: Actuarial Valuation Results 101

October 4, 2023

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, […]

SPP Update Presentation – Recording and Slides

June 20, 2023

The UBC Staff Pension Plan (SPP) held its annual update on June 14, 2023. The presentation was designed to give SPP 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. The presentation was then followed by a question […]

2022 Annual Report

May 17, 2023

Throughout 2022, the SPP Board and management focused on maintaining resiliency and long-term sustainability of the Plan amid challenging times for the global economy. We also continued our hard work with responsible investing, enhancing member services, member education and communication. We encourage you to review the SPP 2022 Annual Report and learn more about the […]

2022 Annual Statements for Active and Deferred Members

April 27, 2023

The 2022 Annual Statements for Active and Deferred members are available in myPension. If you have elected to receive a paper statement, then it will be mailed to you in May. In the meantime, you will be able to access your statement 24/7 online through myPension. A guide to reading your SPP Annual Statement is available […]

Annual statements for Active and Deferred members – Available late April on myPension

April 19, 2023

If you are an Active or Deferred member of the Staff Pension Plan, your annual statement will be available on myPension in late April. You will also receive a mailed copy of your annual statement unless you have opted out of receiving paper statements. Paper statements will be mailed in mid-May. If you joined the […]

Staff Pension Plan Election and By-Election Results

December 1, 2022

We are pleased to announce the results of the recent Staff Pension Plan (SPP) Board election and by-election which took place in Fall 2022. Joanna Carson and Shannon Dunn have been elected as members of the SPP Board for four-year terms, from January 1, 2023 to December 31, 2026. Michael Guimond has been elected as […]

2023 Cost of Living Adjustment

December 1, 2022

UBC Staff Pension Plan pensioners will receive a 3.25% Cost of Living Adjustment (COLA) to their pension effective January 1, 2023. 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 2022 SPP Pensioner Newsletter and on the COLA page. Pensioners who […]