By Kathy Pang on May 10, 2011
The Annual Report issue of the Staff Pension Plan May 2011 newsletter has been released. Plan members will receive a copy of the newsletter with their Active and Deferred annual statements.
In this issue:
- Annual Statement information
- 2010 Year In Review
- 2010 Investment Review by UBC IMANT
- Invitation to the 2011 SPP Pension Fair
View the May Update newsletter
By Kathy Pang on May 2, 2011
The Faculty Pension Plan’s 2010 Annual Report is online. This year’s report includes yearly membership and financial statistics, fund and investment managers’ rates of return, a market commentary, and the 2010 financial statements.
The report format has changed this year and the publication has been integrated with the FPP website as a separate section called “2010 Year in Review.” The online format allows members to find information more easily, and as part of the University’s sustainability commitment, it also allows members to select and print specific sections of the report, rather than printing the full report, as was required in previous years.
Visit the FPP website and follow the link from the main page to view the report.
By Breeonne Baxter on March 18, 2011
The purpose of this message is to provide important information for faculty and staff currently in Japan.
Today, the university directed all UBC students currently in Northern Honshu and Tokyo and surrounding areas to return to Canada immediately. This decision was made in light of the extension of Government of Canada travel advisories for Northern Japan, and the uncertainty surrounding nuclear facilities in the region after last week’s devastating earthquake and tsunami.
The safety of UBC faculty and staff and their families is of the utmost importance. Given the above developments, UBC is urging all faculty and staff currently in Northern Honshu and Tokyo and surrounding areas, for either business or personal reasons, to use the available information to make the right decision for themselves and their families. Options to consider include leaving Japan, or moving away from the impacted areas.
The following information and resources are available to help impacted faculty and staff in making their decision, and to assist them should they choose to leave Japan:
- Government of Canada Travel Advisories and information to assist Canadians currently in Japan
- UBC Travel Benefits, which includes information on accessing emergency medical services while outside of Canada
- UBC Employee and Family Assistance Program (EFAP). Human Solutions has also provided a document about Coping with the Emotional Aftereffects of the Tsunami (pdf).
UBC will cover the cost of travel for faculty and staff who wish to return to Canada. Faculty and staff may contact North South Travel to make their travel arrangements: http://www.northsouthtravel.com/ or 604.736.7447. Please identify that you are with UBC when you contact North South Travel.
I want to re-emphasize that the safety of UBC faculty and staff and their families is of the utmost importance to all of us at the University. Please circulate this message immediately and widely to ensure that those are impacted receive this information as quickly as possible.
Please note that information for UBC students in Northern Japan is available at http://www.students.ubc.ca/global/safety-abroad/.
AVP, Human Resources
By Kathy Pang on March 3, 2011
The February 2011 issue of the Staff Pension Plan Update newsletter was distributed to Staff Pension Plan members this week.
In this issue:
- Securing the Plan’s Benefits
- SPP Benefits When You Retire
- SPP Benefits If You Leave Before Retirement
- RRSP Contributions for 2010 Tax year
Past issues of the Staff Pension Plan Update are available at the Library page on the SPP website.
By Breeonne Baxter on January 28, 2011
Coaching@UBC is accepting applications for the 2011 intake for Coaching Internship Applications. Successful candidates will receive funding towards coach training at an institution of their choice. Please visit http://www.hr.ubc.ca/coaching/become-a-coach/coaching-internship/ for full details and application documents.
Funding is negotiated based on funds available with a maximum of three applications considered annually. The deadline for applications is March 16, 2011.
For more information about Coaching@UBC, or to sign up for Coaching Services, visit www.hr.ubc.ca/coaching/.
By Breeonne Baxter on December 6, 2010
Premium rates for the provincial Medical Services Plan (MSP) are increasing, effective Jan. 1, 2011. UBC Employees who pay their MSP premiums through payroll deduction will see the increased cost on their Dec. 31, 2010 paycheque.
The new premiums will increase by $3.50 per month for individuals and $7 per month for couples and families. The new rates are:
- Single: $60.50
- Couple (family of two): $109.00
- Family (family of three or more): $121.00
The UBC employer and employee cost-sharing percentages for calculating MSP premium deductions will remain unchanged. For example, employees who pay 75% of the MSP monthly premium will continue to pay 75% of the new premium rate. Please note that MSP deductions are taken one month in advance, so you will see the increased deduction on the Dec. 31, 2010 paycheques for employees who pay the full or partial cost.
For a detailed list of the adjusted monthly rates by employee group and premium cost-sharing arrangement, please visit the UBC Human Resources Benefits Premium Rates page.
By Kathy Pang on November 23, 2010
The latest issues of the Faculty Pension Plan’s Pension News and the Staff Pension Plan Update are available online. Faculty Pension Plan members will have received their newsletter with their Q3 2010 member statements in mid-November. Staff Pension Plan members will receive their newsletter starting the week of November 22. Both newsletters consist of important articles for members regarding their respective Plans and contain relevant news on pensions and investments.
By Breeonne Baxter on October 28, 2010
Elections for the Staff Pension Plan Board of Directors and the Faculty Pension Plan Board of Trustees are now underway.
Exercise your vote in this year’s elections
Staff Pension Plan Directors Election
Election packages were mailed to plan members on Oct 28.
Voting closes midnight Nov 25.
Vote online at the SPP website.
Faculty Pension Plan Trustee Election
Election packages were mailed to plan members on Oct 20.
Voting closes midnight Nov 15.
Vote online at the FPP website.
By Breeonne Baxter on October 28, 2010
The Fall 2010 issue of Benefits FYI is here! Check out this edition, which features stories on:
- New Sun Life sign-in page for plan members
- The UBC Health Challenge
- Benefits at the UBC Thrive Wellness Fair
Read Benefits FYI: Fall 2010 online.
By Breeonne Baxter on August 20, 2010
- The New Benefits Website
- Sun Life Closes Edmonton Office
- Going Green Update
- New Requirements for Orthopaedic Shoes and Orthotics