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ONTARIO REGION ELECTIONS RESULTS
October 7, 2025 As the nomination period of our election process has come to a close, we received one nomination for each of the Board positions. We are happy to confirm that the candidate for each position has confirmed their acceptance. Your Board of Directors for the Ontario Region will be: President […]
read moreNATIONAL SENIORS’ DAY: CELEBRATING CONTRIBUTIONS, CALLING FOR ACTION
Today is National Seniors Day in Canada—a day when we’re asked to recognize the significant contributions older adults make to our society, economy, and families. So what does that actually mean? How does Canada recognize those contributions? Canadian seniors now make up nearly 20% of our population, and in less than 10 years, that will […]
read more2024 Surplus Payment Date Announced
The date for the next pension surplus payment is anticipated to be November 4th. It’s expected that plan contributors will be able to view their own pension statements as of the week of October 20th. The payment is part of the surplus generated as of December 31, 2024. The payout comes as a result of […]
read moreUPDATE 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 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 […]
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