New Brunswick Public Service Pension Plan

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As an active member of the NBPSPP, you’ll find valuable information and resources regarding your pension plan in this section.

The NBPSPP is made up of 37,000 active, inactive and retired members from a variety of employers across the province.

The NBPSPP, along with the NBTPP, are joint owners of Vestcor Corp.

Latest Information

NBPSPP Newsletter Spring 2019 Explaining the Cost of Living Increase – January 1, 2019 (NBPSPP) NBPSPP 2018 Annual General Meeting Video Recording NBPSPP News Release: Full Cost of Living Increase Provided (August 2018) NBPSPP Annual Report 2017

Application Forms

Whether you need to provide a form for your pension or employee benefits, quickly find the form you need.

General

Pre-Retirement Death Benefit Waiver (Form 9) Marriage Breakdown Booklet Marriage Breakdown Form (Division of Pension Assets for Contributors Involved in Marriage Breakdown) Pension Estimate Form Revocation of Pre-Retirement Death Benefit Waiver (Form 10) Estate Declaration Form Termination | Retirement Form Statutory Declaration of Common Law Partner Purchase of Service Form (NBPSPP) Joint and Survivor Pension Waiver (Form 5) Designation | Change of Beneficiary Form (NBPSPP) Declaration of Marital Status Form Death Benefit (Spouse or Common-Law Partner) Death Benefit (Named Beneficiary or Estate)

RTA

Reciprocal Transfer Application Form – Government of Canada (Note: Form must be printed in legal format (8.5″ x 14″)) Reciprocal Transfer Agreement – NBPSPP | PT&S Request for Transfer – University of Moncton | Université de Moncton Request for Transfer – Nova Scotia Association of Health Organizations (NSAHO) Request for Transfer National Public Service Superannuation PT&S Reciprocal Transfer Agreement Shortfall Purchase Application Form

Booklets

Member booklets and guides contain important information relating to your pension plan.

Understanding Your Employee Statement Of Pension Benefits (NBPSPP) NBPSPP Pension Plan Member Booklet Marriage Breakdown Booklet NBPSPP New Pre-Retirement Death Benefit Rules Fact Sheet Naming a Beneficiary | Death Benefits Fact Sheet (NBPSPP) NBPSPP Additional Purchase of Service Information (February 2018) NBPSPP At-A-Glance

Communications

Stay informed about your pension plan through the semi-annual newsletters provided by the Board of Trustees of the NBPSPP, in addition to the general communiqués provided by the Board and Vestcor.

Explaining the Cost of Living Increase – January 1, 2019 (NBPSPP) NBPSPP News Release: Full Cost of Living Increase Provided (August 2018) Understanding Your Employee Statement Of Pension Benefits (NBPSPP) NBPSPP Purchase of Service Update (February 2017) NBPSPP News Release: Full Cost of Living Increase Provided (September 2016) NBPSPP New Release: Full cost of living increase will be provided (October 2014) Public Service Shared Risk Plan Presentation (February 2014) Question and Answer – Conversion to the Shared Risk Pension Model (February 2014) NBPSPP Letter From The Board of Trustees (February 2014) NBPSPP Notice to Active Member (February 2014) NBPSPP News Release: Board members for pension plan appointed (January 2014) Notice to Participants of the Public Service Shared Risk Plan (January 2014)

Newsletters

Plan Governance

Annual Reports

NBPSPP Annual Report 2017 NBPSPP Annual Report 2016 NBPSPP Annual Report 2015 NBPSPP Annual Report 2014

Annual General Meeting

Every year, the Board of Trustees hosts an Annual General Meeting, open to all members. Find below details of the most recent AGM.

NBPSPP 2018 AGM – Entire Presentation NBPSPP 2018 AGM – Vestcor Inc. Presentation NBPSPP 2018 AGM – Actuarial Valuation Results Presentation NBPSPP 2018 AGM Question and Answer Period Summary NBPSPP 2018 Annual General Meeting Video Recording NBPSPP 2017 Annual General Meeting Video Recording

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. The NBPSPP and the New Brunswick Teachers’ Pension Plan (NBTPP) jointly own Vestcor Corp.

NBPSPP Board Biographies NBPSPP Board Activities 2017 NBPSPP Board Activities 2016

Governing Documents

The following documents guide the Board of Trustees in the governance of the NBPSPP.

NBPSPP Agreement and Declaration of Trust NBPSPP Statement of Investment Policies NBPSPP Plan Text NBPSPP Summary of the Funding Policy NBPSPP Funding Policy NBPSPP (Formerly PSSRP) Memorandum of Understanding

Financial Results

View the Plan’s most recent annual report, actuarial valuations, financial statements, and performance composites for the NBPSPP.

Actuarial Valuation

NBPSPP Actuarial Valuation as at January 1, 2019 NBPSPP Actuarial Valuation as at January 1, 2018 NBPSPP Actuarial Valuation as at January 1, 2017 NBPSPP Actuarial Valuation as at January 1, 2016 NBPSPP Actuarial Valuation as at January 1, 2015 NBPSPP Actuarial Valuation as at January 1, 2014

Financial Statements

NBPSPP Financial Statements as of December 31, 2018 NBPSPP Financial Statements as of December 31, 2017 NBPSPP Financial Statements as of December 31, 2016 NBPSPP Financial Statements as of December 31, 2015 NBPSPP Financial Statements as of December 31, 2014

Performance Composite

NBPSPP Performance Composite as of December 31, 2016 NBPSPP Performance Composite as of December 31, 2015 NBPSPP Performance Composite as of December 31, 2014