IMPORTANT UPDATE ON THE PENSION SURPLUS SHARING CONSENT PROCESS

Consent forms to permit the sharing of the CBC pension surplus are being sent out in the mail starting today.

After further discussion with the CBC, there will now also be an option to receive and send your consent electronically. Pensioners will now be able to go to their “My Pension Statement” section of the Pension Administration Centre (PAC) website. The consent form and information package will be available there. You will need to print a copy of the form, sign it, date it, scan it, and email it back to PAC at email:  surplus@telushealth.com. If you choose to use the electronic submission process, you will not have to mail in the form.

We welcome this significant change to the process. And we will keep you posted of any further developments.