Category: Pensions and Benefits
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Apply to be an OPTrust trustee
The Pension Liaison Committee invites you or someone you know to get involved with the OPTrust by applying to become a union trustee. With the challenges facing defined benefit pension plans, we need people who have a firm and deep commitment to the labour movement and union principles. OPTrust trustees meet a number of times…
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OPTrust releases enhanced climate change strategy
Strategy includes action plan to achieve net-zero portfolio by 2050
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Canadian Blood Services Pension Plan – Union Trustee Vacancy
The Pension Liaison Committee invites you or someone you know to get involved with the Canadian Blood Services Pension Plan by applying to become a union trustee. We require your assistance in helping us to find suitable candidates for one available trustee position. With the challenges facing defined benefit pension plans, we need people who…
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Healthcare of Ontario Pension Plan Observer Position
The Pension Liaison Committee invites you or someone you know to get involved with HOOPP by applying to become an OPSEU/SEFPO Observer on the Board of Trustees. We require your assistance in helping us to find suitable candidates for the position of Observer for a two year period. The successful applicant must be a member…
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Great news: HOOPP pension benefit improvement
A message for all OPSEU/SEFPO members who participate in the HOOPP pension plan. HOOPP is helping you build retirement security! HOOPP members belong to one of Canada’s strongest pension plans. HOOPP’s sole mission is to fulfil their pension promise by providing secure and reliable retirement income to members. That’s why we are pleased to share…
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OPTrust surpasses 100,000-member milestone
The following news release was published by OPTrust on November 24. Toronto, November 24, 2021 – OPTrust, one of Canada’s largest defined benefit pension plans, has welcomed the 100,000th member to the Plan. Since inception, OPTrust’s membership has increased by more than 40 per cent from just under 70,000 in 1995. Today, OPTrust delivers retirement security…
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OPSEU/SEFPO pensions collaborate with other plans on financial literacy month video
Toronto – Defined benefit (DB) pension plans from across Canada today released an informational video entitled What’s Important produced in collaboration to mark Financial Literacy Month and raise awareness about the value of retirement income security. The plans include BC’s College, Municipal, Public Service and WorkSafeBC, College of Applied Arts and Technology (CAAT), OMERS, Ontario…
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College Support retiree needed as CAAT Pension Plan Trustee
The Ontario Public Service Employees Union (OPSEU/SEFPO) is seeking a retiree to represent OPSEU/SEFPO as a Trustee on the CAAT Pension Plan. This Trustee position rotates between OPSEU/SEFPO CAAT Support, OPSEU/SEFPO CAAT Academic and Ontario College Administrative Staff Association (OCASA). The appointment currently held by OCASA expires December 31, 2021. The next appointment is to…
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OMERS Vacancy: Sponsors Corporation Representative
The following letter was sent to all OPSEU/SEFPO local presidents whose members are part of the Ontario Municipal Employees Retirement System (OMERS) pension plan. To: All BPS Local Presidents or highest ranking officers with members in OMERS From: Giulia Volpe, Benefits Counsellor on behalf of the Pension Liaison Committee Date: November 12, 2021 Re: Ontario…
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Canadian Blood Services Pension Plan: Union Trustee Vacancy
To: All Local Presidents and members in the Canadian Blood Services Pension Plan From: Giulia Volpe, Benefits Officer on behalf of the Pension Liaison Committee Date: November 12, 2021 Canadian Blood Services Pension Plan – Union Trustee Vacancy The Pension Liaison Committee invites you or someone you know to get involved with the Canadian Blood…
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OPTrust News: OPTrust Select Continues Growth, 50 Employers Enrolled
The following news release was published by OPTrust on October 27. TORONTO, October 27, 2021 – Since enrolment began in 2019, 50 organizations from communities across Ontario have joined OPTrust Select – a defined benefit pension offering designed to enhance retirement security for employees who work at charitable, nonprofit and broader public sector organizations in Ontario.…
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OMERS Vacancy: Sponsors Corporation Representative
The following letter was sent to all OPSEU/SEFPO local presidents whose members are part of the Ontario Municipal Employees Retirement System (OMERS) pension plan. Download the letter. To: All BPS Local Presidents or highest ranking officers with members in OMERS From: Giulia Volpe, Benefits Counsellor on behalf of the Pension Liaison Committee Date: October 8,…
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Canadian Blood Services Pension Plan: Union Trustee Vacancy
The following letter was sent to all Canadian Blood Services Local Presidents whose members are part of the Canadian Blood Services Pension Plan. Download the letter. To: All Local Presidents and members in the Canadian Blood Services Pension Plan From: Giulia Volpe, Benefits Officer on behalf of the Pension Liaison Committee Date: October 8, 2021…
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Canadian Blood Services Pension Plan: Union Trustee Vacancy
The following letter was sent to all Canadian Blood Services Local Presidents whose members are part of the Canadian Blood Services Pension Plan. Click here to download the letter. To: All Local Presidents and members in the Canadian Blood Services Pension Plan From: Giulia Volpe, Benefits Officer on behalf of the Pension Liaison Committee Date:…
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OMERS Vacancy: Sponsors Corporation Representative
The following letter was sent to all OPSEU/SEFPO local presidents whose members are part of the Ontario Municipal Employees Retirement System (OMERS) pension plan. Download the letter. To: All BPS Local Presidents or highest ranking officers with members in OMERS From: Giulia Volpe, Benefits Counsellor on behalf of the Pension Liaison Committee Date: August 26,…
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CAAT Pension Plan grows again
On June 1, 2021, OPSEU/SEFPO’s Local 446 members at Colleges and Institutes Canada (CICan) joined the CAAT Pension Plan’s DBplus plan. CICan employs about 100 OPSEU/SEFPO members. It advocates for public colleges across Canada and champions innovation in postsecondary education. Members have begun to convert their monthly employer RRSP contributions into CAAT’s defined-benefit pension plan,…
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The CAAT Pension Plan: yet another success story in 2020
In 2020, COVID-19 created upheaval throughout the world, including in the stock markets – and pension plans that depend on them for growth. Fortunately, when the pandemic hit, the CAAT Pension Plan was in a position of great strength. We’re pleased to say that it stayed strong throughout the year – and grew stronger. The…
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OPTrust goes from success to success
OPTrust continues to be a success story. Since it was created by OPSEU/SEFPO and the Province of Ontario in 1995, thousands of OPSEU/SEFPO-represented Ontario Public Service retirees have enjoyed the outstanding pension benefits that OPTrust has provided. But many more broader public sector (BPS), non-profit and charitable members also seek the reliable, trustworthy pensions that…
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OPSEU/SEFPO ‘very concerned’ following poor OMERS pension performance
OPSEU/SEFPO is very concerned about OMERS’s investing strategies in light of the losses the municipal sector workers’ pension plan recorded in 2020. The union very proudly represents some 15,000 municipal sector workers, many of whom are part of the OMERS pension plan. As a union sponsor, OPSEU/SEFPO has a vested interest in the plan’s success…
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HOOPP puts in another strong performance in 2020
Members belonging to the Healthcare of Ontario Pension Plan (HOOPP) will be very pleased to know that their pension plan continued to perform extremely well in 2020. When COVID-19 hit last spring, the markets went into a tailspin but rebounded fairly quickly to give HOOPP a healthy 11.42 per cent return. This compares favourably with…