Category: National
Articles
UPDATE ON THE 2024 SURPLUS PAYOUT
The payout of the 2024 pension plan surplus will be made in November 2025. Approval for the payment was given yesterday by the Office of the Superintendent of Financial Institutions (OSFI). Regulations require the funds, approximately $60-million, to be held for 40 days from the date of approval. The specific date for depositing the funds […]
read moreONTARIO ELECTIONS – OPEN FOR NOMINATIONS
The deadline for President, Vice-President, Treasurer, and Secretary on the Ontario Region board of the PNA is quickly approaching. Additionally, for those residing in Toronto and the York Region, there are four director positions available. If you missed it in our earlier missives, here’s the link to the nomination form: https://form.jotform.com/251395095495064 Nominations will be accepted until […]
read morePension Surplus Sharing IMPORTANT- July 2025
Please find below the notice seeking consent from the Office of the Superintendent of Financial Institutions (OSFI) for the withdrawal of surplus assets for the surplus that was declared as of December 31, 2024. CBC/Radio-Canada has applied to OSFI for the withdrawal. The distribution of surplus assets as of December 31, 2024 will not occur […]
read morePension surplus distribution packages have been mailed
We are happy to inform you that the Superintendent of Financial Institutions has approved CBC/Radio-Canada’s proposal to distribute surplus assets for the surplus entitlement as of December 31, 2023. Your surplus distribution package was mailed on June 6, 2025 to the address we have on file for you. The package includes the details related to […]
read moreDate of the 2023 surplus payment confirmed
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 […]
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