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News

News2022-01-27T10:24:17-05:00
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.

Reserve Your Spot for an In-person Seminar in Winnipeg

We are happy to offer an in-person Pre-Retirement seminar in Winnipeg and encourage you to register if you are planning to retire in the next few years. The seminar will be held at 206 - 444 St. Mary Avenue on Tuesday November 8, 2022 from 8:30:00 a.m. to 12:00 p.m. (in the Conference Room on the 2nd floor). You can register for this Pre-Retirement Seminar through the CSSB Online Services (www.cssb.mypension.ca). When logged into your account, go to Register for Group Seminars on the left-hand side and click on the tab for Winnipeg. The number of registrants is limited for the upcoming in-person seminar, but we continue to offer in-person seminars and live online webinars. Dates and times will be posted to Online Services under Register for Group Seminars as the schedule is expanded.

October 13, 2022|

Retroactive Salary Increases

For the most part, retroactive earnings are included in your pensionable earnings. The earnings will be considered in your pension calculation if those years are among your ‘best five’ years for pensionable earnings. No action is required on your part as it relates to your pension or insurance when you receive a retroactive salary increase. For pensioners, the CSSB won’t have information on how your pension may change until several months after the retroactive earnings are paid. For employees, the CSSB won’t have information on how your pension may change until late next year. For more information, read the fact sheet by browsing the Publications section of our site.

September 7, 2022|

Civil Service Superannuation Board Appointments

We are pleased to announce that the Superannuation and Insurance Liaison Committee (SILC) has appointed the following employee representatives to the Civil Service Superannuation Board:   Samantha Probetts was appointed for a three-year term from September 1, 2022 to December 31, 2025.   Reed Winstone was appointed for a two-year term from January 1, 2023 to December 31, 2024.   Doug Troke and Jody Gillis were appointed for a one-year term from January 1, 2023 to December 31, 2023.   The Civil Superannuation Act requires that the Civil Service Superannuation Fund be administered by a board consisting of nine members. Four members serve as representatives of employees and retired members and are appointed by the Superannuation and Insurance Liaison Committee (SILC).

September 1, 2022|

July 2022 Pension Payments Include 2021 Cost-of-Living Increase

The Board approved a 1.98% COLA based on the 2021 change in the Consumer Price Index (CPI) of 4.80%. The COLA will be included in the July 2022 pension payments to eligible pension recipients. This increase also applies to eligible members with a deferred account.

July 22, 2022|
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