Category: National
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Date 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 […]
read moreOSFI HAS APPROVED THE 2023 SURPLUS DISTRIBUTION
OSFI has approved the distribution of 2023 surplus assets from the CBC Pension Plan (“the Plan”), conditional on a 40-day waiting period. Eligible active Plan members (employees) and inactive Plan members (retirees, surviving spouses and deferred members) can expect payment sometime in July. Plan members will receive a notice from CBC Pension Administration Centre of […]
read moreNational President Dan Oldfield has written an excellent opinion piece on the folly behind defunding CBC/Radio-Canada.
National President Dan Oldfield has written an excellent opinion piece on the folly behind defunding CBC/Radio-Canada. It’s just been published in Canada’s National Observer https://archive.is/nbxuV. Here’s what Dan has to say: Defund the CBC – at what cost? It was Oscar Wilde who once opined that, “A cynic is a man who knows the price […]
read morePension Income Splitting
We have received a number of inquiries concerning a letter sent to all CBC pensioners concerning income splitting. The letters sent to all retirees advised that the amount received in your pension surplus payment is not eligible for income splitting. The Pensioners National Association has been seeking clarification. And this is what we have learned. […]
read moreSURPLUS PAYMENT UPDATE – SECOND NOTICE
CBC Pension Plan members have begun receiving a notice, either by email or regular mail, advising them they have 30 days from receipt to provide any comments on the surplus distribution to the regulator, the Office of the Superintendent of Financial Institutions (OSFI). No action is required on your part. This “second notice” advises Plan members […]
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