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 […]
An election is underway for two Plan members to join the UBC Staff Pension Plan (SPP) Board for a four-year period from January 1, 2019 to December 31, 2022. Your vote matters! You have input on who will sit on the SPP Board and represent the interests of Plan members. The SPP Board has the […]
We host a Pension Fair every year in June where members can meet the Pension Board members and the Pension Administration Office staff. It is a great opportunity to learn more about the pension plan and ask questions about your benefits. If you missed this year’s Pension Fair, here are some of the most common […]
Members can now view their annual member statements online at myPension under Statements. Only statements from 2017 onwards will be available online. Opt out of paper statements You will continue to receive printed annual statements in the mail every year unless you opt out through myPension. Sign into myPension and on the Communication Preferences page, select the ‘Electronic’ […]
In our November 2017 newsletter we announced that the UBC Board of Governors approved an increase in the employer contribution to the SPP. The increase in the employer contribution rate assists the SPP Board in achieving its objective to ensure the SPP is financially sustainable for the long-term. The increase was implemented in two steps […]
2018 Retiree Statements Pensioners will receive their annual retiree statement in December 2018, which includes their Cost of Living Adjustment information. You can opt out of paper statements through myPension. 2018 Annual Statements (for Active and Deferred Members) Active and Deferred members will receive their annual statement as at December 31, 2018 in May 2019. […]
The Staff Pension Plan (SPP) Fair will take place on Thursday, June 21 from 11:30 a.m. to 1:00 p.m. at the Robert H. Lee Alumni Centre. Join us to learn more about your pension plan and gain some pension knowledge. The Pension Board, management and staff look forward to meeting you and answering your questions. […]
If you are an Active or Deferred member, you will receive your annual statement in late May. Review our Guide to reading your Annual Member Statement to help you understand the information on your annual SPP member statement.
The Staff Pension Plan 2017 Annual Report is online. The report includes a Message from the Chair and Executive Director, highlights for the Plan, membership and administration statistics, a review of the Plan’s funds and investment performance, FAQs, and information about how to access your pension information online. View the 2017 Annual Report.
When you retire, you will receive a monthly lifetime pension from the UBC SPP. This pension is paid for your lifetime and if applicable, your spouse’s lifetime. You will not outlive your pension. The amount you will receive and the form in which you receive it, depends on several factors including: Age; Marital status; Your […]
