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So far Nupur Abrol has created 67 blog entries.

July 2020 Pension Payments Include 2019 Cost-of-Living Increase

The Board approved a 0.49% Cost-of-Living Adjustment (COLA) for eligible pension recipients, which will be included in the July 2021 pension payments. 

This increase is equal to 2/3 of the increase in the Canadian Consumer Price Index for 2020, which was 0.73%. A history of CSSB COLA percentages since 1977 can be found here.

This increase also applies to eligible members with a deferred account.

The actuary has continued to express concern that, unless changes are made, the Account will not be able to meet the target of granting additional COLA’s each year at the rate of 2/3 of the increase in the Consumer Price Index. The Board shares this concern. 

The Superannuation and Insurance Liaison Committee, which represents plan members in negotiating plan benefits, is studying the sustainability of the COLA Account.

2022-01-20T10:01:51-05:00July 17, 2020|

Potential Changes to the Civil Service Superannuation Act

Bill 43, The Civil Service Superannuation Amendment Act, is currently being considered in the Manitoba Legislature. If passed, the amendment will affect the calculation of termination lump sum benefits and will extend the timeline to purchase service for periods of maternity and parental leave. See details here.

2022-01-20T10:17:22-05:00May 19, 2020|

CSSB Board Election Results

The election of employee representative to the CSSB took place this past fall with ballots counted over the last few days.
We are pleased to announce that Mr. Ray Erb, Mr. Jody Gillis, and Mr. Doug Troke have been elected to three-year terms effective January 1, 2020.

2022-01-20T11:02:44-05:00December 4, 2019|

2018 T4A’s are in the Mail

T4A's in respect of pension payments made in 2018 have been sent to Canada Post for mailing.
Your T4A will have been mailed to you if you are not registered for Online Services, or if you are registered for Online Services but you had not accessed your T4A at the time the forms were printed.  

2022-01-20T11:28:43-05:00February 15, 2019|

CSSF 2018 T4A’s are available on Online Services Accounts

T4A's in respect of pension payments made from the Civil Service Superannuation Fund in 2018 have been posted to members Online Services Accounts.
For members who are not registered for Online Services or who receive a pension from one of the other plans administered by the Board, T4A's will be mailed out by the end of February.

2022-01-20T11:31:56-05:00January 16, 2019|
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