The 2018 Public Service Group Insurance Fund valuation revealed a surplus. The Superannuation and Insurance Liaison Committee, which represents employees and pensioners, and the Employer Pension and Insurance Advisory Committee, which represents employers, negotiated an agreement on how that surplus will be used. For more information, please go to the Publications section of our website under Fact Sheets.
The Superannuation and Insurance Liaison Committee (SILC) is encouraging interested plan members to submit their application to serve as an Employee Representative on the Civil Service Superannuation Board. The selection process and related information are located on the SILC website: https://liaisoncommittee.org The deadline for applications is June 30, 2022.
Pensioners, would you like to get fewer emails from us? If you currently receive monthly notifications that your online pension statement is available for viewing, you can now elect to receive statements only in months where there has been a change to your net payment. You can make this change by logging in to your Online Services account, then selecting the Document Preferences tab under “Edit my Profile”.
Although our in-person seminars have also been cancelled for the time being, we are offering live Pre-Retirement Webinars starting in February 2022. An online seminar is a live presentation made available using Zoom video conferencing software. Members who register for an online seminar will be able to view the PowerPoint presentation from their own computer, hear the presenter’s explanations, and have an opportunity to ask questions which could be answered live, providing there is adequate time to do so.
You can register by logging in to your CSSB Online Services account www.cssb.mypension.ca then go to Register for Group Seminars to choose a date and time that is convenient for you.
Employees who are registered for Online Services now have access to a Special Service Buy Back Estimator. Enter your annual salary and the number of years you’re interested in purchasing, and the estimator will tell you the current cost and the approximate increase to your pension. View the results on screen or print a copy for future reference.
Effective January 2022, pensioners will no longer be able to donate to the All Charities Campaign. The Province has advised that, “the technology and infrastructure that supported All Charities is no longer reliable. This means that the All Charities campaign can not continue as it always has.”
No action is required to cancel donations after December 2021.
Pensioners who wish to continue to donate to their favourite charities should contact those organizations directly to make arrangements. Donations to other organizations through deduction from your pension will not be possible.
The Civil Service Superannuation Board is continuing to maintain physical distancing measures to help reduce the spread of COVID-19. Our office is closed to the public and we are not currently scheduling in-person meetings or live seminars. We expect these measures to remain in place until at least the Spring of 2022.
We are happy to assist you by telephone or email.
See details here