The date for the surplus pension payment has been confirmed. CBC pensioners will receive their share of the pension surplus on July 15.
Individual pension statements will be mailed between June 6 and June 9 and will also be accessible through the CBC Pension Administration (PAC) website. Additionally, an email will be sent to those with access to the PAC website. Payments will be processed in the same manner as regular pension disbursements and will be subject to tax deductions.