Retirement and Pension News
Tuesday, May 16, 2017
The Canada Savings Bonds Program is Ending
The Canada Savings Bonds Program is Ending The Government of Canada announced it will discontinue the sale of Canada Savings Bonds (CSBs) purchased through the Payroll Savings Program as of November 2017. What this means if you are currently enrolled in the Program Your CSB contributions will continue to be deducted from your pay...
Friday, October 2, 2015
Retirement Plan Mortality Table Update
The Pension Committee has approved a recommendation to the Board of Governors to update the mortality tables used to calculate starting Money Purchase pensions. The new mortality tables will be implemented over a four-year period commencing after July 1, 2016 Pensions commencing on or before July 1, 2016 will not be affected. The change...