Shared Risk Plan for CUPE Employees of NB Hospitals

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SPRING 2024 NEWSLETTER
View the interactive version of your Spring 2024 Newsletter in the window below (the option to view full screen should be visible at the bottom right of the window), or view the PDF version by visiting the “Latest Information” tab below.

Employee Statement of Pension Benefits

Your Employee Statement of Pension Benefits provides you with personalized estimated pension amounts as of December 31 of a given year. Your statement also includes information you need to use Vestcor’s Online Pension Estimate Calculator.

Need help with your statement? Refer to the information included below, and these helpful videos:

2023 STATEMENTS

If you were an active member of the CUPE Hospitals SRP in 2023, your 2023 Employee Statement of Pension Benefits is mailed to you in the coming weeks (spring/summer 2024).

Understanding your Employee Statement of Benefits (CUPE-H SRP)
Life Events and Your Pension

Wonder how your pension could be affected by times of transition in your life? Easily find the information you need in our Life Events section.  Navigate through it based on what stage of your life you are in. It’s divided into the following sections:

  • Welcome to the Plan
  • Returning from a Leave of Absence
  • Ending a Spousal Relationship
  • Leaving your Employment
  • Planning for Retirement
  • Welcome to Retirement
  • Death of a Member

Click on the link below to experience it for yourself.

Life Events and Your Pension
Plan Governance
Board of Trustees

The Board of Trustees is in place to manage the Plan in the best interest of both active and retired members. It follows industry best practices in terms of governance and administration of the Plan.

Board Members of the Shared Risk Plan for Canadian Union of Public Employees (CUPE) of NB Hospitals
Governing Documents Financial Results
Planning For Retirement

If you’re a member of the CUPE Hospitals SRP, whether you’re approaching retirement – or just curious about how the process works – watch this webcast to learn more.

In it, we cover important topics, including:
– How you can obtain estimates of your future pension at any time;
– The steps involved in retiring/applying for your CUPE Hospitals SRP pension; and
– The Forms of Pension (types of pensions) available under your Plan.

Below, you’ll find a copy of the Planning for Retirement checklist, and a helpful video about the three pillars of retirement.

If you have any questions, reach out to our Plan’s administrator, Vestcor, by clicking the “Have a question?” box below, emailing info@vestcor.org, or calling them at 1-800-561-4012 (toll-free in Canada).

Video: Planning for Retirement Planning for Retirement Checklist (CUPE Hospitals SRP)

Calculators

For an informal pension estimate or a purchase of service estimate, visit our online calculators here.

Shared Risk Video

 This video provides a general introduction to your Shared Risk Plan.

Questions?

Contact our Member Services team from Monday to Friday between 8:15 am and 4:30 pm AST.

Toll-free: 1-800-561-4012
Fredericton: (506) 453-2296