UBC Staff Pension Plan retirees will receive a 0.7% Cost of Living Adjustment (COLA) to their pension effective January 1, 2017. 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 2016 will receive a […]
We are pleased to announce that Alan Marchant and Michal Jaworski have been elected as members of the Staff Pension Plan (SPP) Board in the recent election. Mr. Marchant has served 16 years on the SPP Board and Mr. Jaworski will be joining the Board for his first term. Their upcoming terms of office are […]
The November 2016 issue of the UBC Staff Pension Plan (SPP) Update newsletter was sent to Plan members this week. The Plan newsletter is now available by email. Learn how you can receive your newsletter by email in the We’ve gone green: Sign up for our electronic newsletter article. In this issue: UBC Staff Pension Plan as a […]
The new Pension Benefits Standards Act of British Columbia (the “PBSA”) came into force on September 30, 2015. The PBSA introduced a new class of pension plan called a Target Benefit Plan. The UBC Staff Pension Plan (SPP) Board and its advisors have worked with the Financial Institutions Commission of British Columbia to review the […]
The UBC Pension Administration Office will be closed from December 24, 2016 to January 2, 2017 inclusive. The office will reopen on January 3, 2017. If you have an urgent pension inquiry during the holiday closure, please leave a message at 604-822-8119. These messages will be monitored daily over the holiday period. Lump sum payments […]
We are excited to announce that we have a new website. If you have previously bookmarked our website, please update your bookmark to our new web address at: staff.pensions.ubc.ca. We would greatly appreciate your help to evaluate our new website so that we can continue to make improvements to it. Visit survey.ubc.ca/s/staffpensionwebsite to take the survey.
The UBC SPP Update newsletter is now available in email format. How to Sign Up Active members (contributing to the Plan) Active members will be automatically signed up for the electronic newsletter. It will be emailed to you at your primary work email address. If you do not have a work email address, your primary […]
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, November 1, 2016. Follow the link below for candidate information and to […]
An election process will be held for two Board members, to be elected by and from the membership of the UBC Staff Pension Plan (SPP), to serve on the Pension Board for a four-year period from January 1, 2017 to December 31, 2020. Alan Marchant’s and Dave Lance’s terms will end on December 31, 2016. […]
The Plan’s 2015 Financial Statements are now available.