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News

News2022-01-12T13:37:48-05:00
An image of a newspaper with a pair of glasses

News

News

Keep up with the latest news affecting the pension plan and its members.

New Online Services Tool for Special Service Buy Back Estimates

December 21, 2021|

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. Results can be viewed on screen or print a copy for future reference.

All Charities Donations to Cease

December 21, 2021|

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.

COVID-19 Update – December 2021

December 21, 2021|

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

Welcome to CSSB’s New Website!

December 2, 2021|

Our member survey in 2018 told us that our website was the most widely used service that CSSB provides, and although the satisfaction level with the website was respectable, it received the lowest score of the services considered. Members told us that there was room for improvement in how the site was organized and in its overall appeal. We listened and are pleased to welcome you to the new CSSB website. The new site has an updated look, but everything you're looking for is still here and should be easier to find.

Comments or feedback? Please email askus@cssb.mb.ca

July 2021 Pension Payments Include 2020 Cost-of-Living Increase

July 23, 2021|

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.

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