News & Events

Pensioners – COLA (Cost of Living Adjustment)

UBC Staff Pension Plan retirees will receive a 0.75% Cost of Living Adjustment (COLA) to their pension effective January 1, 2018. 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 […]

Staff Pension Plan Update Newsletter – November 2017

Members will start receiving their November 2017 issue of the Staff Pension Plan Update newsletter this week by email or mail. In this issue of the SPP Update: Actuarial Valuation Results Increase in employer contributions Five key features of the SPP Test your pension knowledge Important Dates Power of Attorney Information myPension access after UBC Read the newsletter […]

Increase in employer contribution to the Staff Pension Plan

In September 2017, the UBC Board of Governors approved an increase in the employer contribution to the SPP. The increase will be implemented in two stages – the first increase occurred on October 1, 2017 and the second increase will occur on October 1, 2018. The past, current and new contribution rates are shown below. […]