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Pensions

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We administer the day-to-day operations of 11 pension plans for about 55,000 active and 30,000 retired members in Parts 1, 2, 3 and 4 of the provincial government along with a number of quasi-public organizations. Find information relating to your pension plan here.

MLA Plans

As an MLA with service in an MLA Pension Plan, you’ll find important details regarding your pension plan below. Please note that as of September 2014, MLAs began participating in the NB Public Service Pension Plan.

Members' Pension Act Members' Superannuation Act
New Brunswick Public Service Pension Plan

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YOU’RE INVITED!

Visit nbpspp.ca/2022AIM to register for this year’s virtual Annual Information Meeting. It’s an opportunity for you to meet your Board of Trustees and learn more about your Plan.

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For NBPSPP Retirees: Additional information for those who have or will receive retroactive salary increase due to recent ratification of collective agreements

If you are expecting a retroactive salary increase for a period when you were an active employee, you must contact your former employer to initiate the process. Your employer must withhold pension contributions in order for the additional salary to impact your pension benefit amount. After Vestcor receives the retroactive contributions, your pension benefit will be recalculated, and you will receive a retroactive lump sum payment for additional benefit payable since your retirement. Please note that with the large volume of retroactive salary increases being processed at this time, your pension recalculation could take several months to complete.

Plan Governance
Annual Reports 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
Governing Documents Annual Information Meetings Financial Results
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.

Sign up to receive your newsletter and other general communications electronically. General Newsletters
Application Forms

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

General Reciprocal Transfer Agreement Retirement

Applying for your pension is easy, but it’s important that you understand the process and timeline. The video below provides an overview of the necessary steps.

Additional information is also available here: Life Events: Planning for your retirement.

Planning for Retirement Checklist Pension Estimate Form Termination | Retirement Form Declaration of Marital Status Form
Booklets Cost of Living Adjustments Employee Presentation Video Series

Above you will find a video version of the Employee Presentation which is usually carried out in person by Vestcor’s Member Services Team. It is separated into the following topics:

If there is a specific topic that you are interested in, hit play on the video above, then skip ahead using the controls that appear in the bottom left corner. You can also click on any of the topics listed.

Watch the full playlist on YouTube
Latest Information 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
New Brunswick Teachers' Pension Plan

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

The NBTPP is made up of approximately 19,800 active, inactive and retired members.

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


YOU’RE INVITED!

Visit nbtpp.ca/2022AIM to register for this year’s virtual Annual Information Meeting. It’s an opportunity for you to meet your Board of Trustees and learn more about your Plan.

Plan Governance
Annual Reports Annual Information Meeting

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

NBTPP 2022 Annual Information Meeting NBTPP 2021 Annual Information Meeting
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 NBTPP and the New Brunswick Public Service Pension Plan (NBPSPP) jointly own Vestcor Corp.

NBTPP Board Biographies
Financial Results Governing Documents
Booklets Communications

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

Sign up to receive your newsletter and other general communications electronically. General Newsletters
Application Forms Cost of Living Increase / Indexing Adjustment Benefit Employee Presentation Video Series

Above you will find a video version of the Employee Presentation which is usually carried out in person by Vestcor’s Member Services Team. It is separated into the following topics:

If there is a specific topic that you are interested in, hit play on the video above, then skip ahead using the controls that appear in the bottom left corner. You can also click on any of the topics listed.

Watch the full playlist on YouTube
Latest Information 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
Pension Plan for Full-Time CUPE 2745 Employees of NB School Districts

As an active member of the Pension Plan for Full-Time CUPE 2745 Employees of NB School Districts (S&C), you’ll find valuable information and resources regarding your pension plan in this section.
This Pension Plan is made up of approximately 1,030 active, inactive and retired members from a variety of employers across the province.

Booklets Pension Committee

Meet your pension committee, and learn more about the governing documents that guide the committee and pension plan.

CUPE 2745 Pension Plan Committee Members CUPE 2745 (S&C) Pension Plan Text
Application Forms Latest Information

View the interactive version of your 2021 newsletter in the window above (the option to view it full screen should be visible in the bottom right of the window), or alternately, view the PDF version by clicking the button below.

CUPE 2745 Newsletter – 2021 (PDF version) Understanding your employee statement of pension benefits (CUPE 2745) CUPE 2745 At-A-Glance
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
Newsletters
Pension Plan for GLT&S (Custodians, Bus Drivers and Maintenance Workers) of NB School Districts

As an active member of the Pension Plan for GLT&S, also known as the Pension Plan for Custodians, Bus Drivers and Maintenance Workers of NB School Districts, you’ll find valuable information and resources regarding your pension plan in this section.

The Plan  is made up of 2,100 active, inactive and retired members from a variety of employers across the province.

Newsletters Booklets Pension Committee

Meet your pension committee, and learn more about the governing documents that guide the committee and pension plan.

CUPE 1253 (GLT&S) Pension Plan Committee Members CUPE 1253 (GLT&S) Pension Plan Text
Application Forms Latest Information

View the interactive version of your 2021 newsletter in the window above (the option to view it full screen should be visible in the bottom right of the window), or alternately, view the PDF version by clicking the button below.

CUPE 1253 (GLT&S) Newsletter – 2021 (PDF version) CUPE 1253 (GLT&S) Pension Plan At-A-Glance Understanding Your Employee Statement of Pension Benefits CUPE 1253 (GLT&S)
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
Shared Risk Plan for Certain Bargaining Employees

For CBE SRP Retirees: Additional information for those who have or will receive retroactive salary increase due to recent ratification of collective agreements

If you are expecting a retroactive salary increase for a period when you were an active employee, you must contact your former employer to initiate the process. Your employer must withhold pension contributions in order for the additional salary to impact your pension benefit amount. After Vestcor receives the retroactive contributions, your pension benefit will be recalculated, and you will receive a retroactive lump sum payment for additional benefit payable since your retirement. Please note that with the large volume of retroactive salary increases being processed at this time, your pension recalculation could take several months to complete.


 Welcome to your Plan! As an active member of the CBE SRP, you’ll find valuable information and resources regarding your pension plan in this section.

The CBE SRP is made up of over 16,000 active, inactive and retired members from a variety of employers across the province.

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 Activities 2020 | CBE SRP Board Activities 2019 | CBE SRP Board Activities 2018 | CBE SRP Board Activities 2017 | CBE SRP CBE SRP Board Biographies
Governing Documents Financial Results
Actuarial Valuations GIPS® Total Fund Reports Financial Statements
Booklets Communications Application Forms Cost of Living Adjustments

How cost of living adjustments are calculated by your Plan’s actuary is explained in the resources below.

Explaining the Cost of Living Increase – January 1, 2022 (CBE SRP)
Latest Information

View the interactive version of your Spring 2022 Newsletter in the window above (the option to view it full screen should be visible in the bottom right of the window), or alternately, view the PDF version by clicking the button below.

Key Resources: CBE CBE SRP Newsletter Spring 2022 (PDF version) Explaining the Cost of Living Increase – January 1, 2022 (CBE SRP) CBE SRP Response to Misinformation (July 2021) Understanding your Employee Statement of Benefits (CBE 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
Money Matters: Be in the Know

Improving your financial know-how can equip you to more confidently make important financial decisions.

By knowing what day-to-day and long-term financial decisions are best for you, you can reduce your stress and better support your overall well-being. Click on the button below to access a series of resources to help you no matter your current knowledge level.

 

Money Matters: Your Financial Know-How
Shared Risk Plan for CUPE Employees of NB Hospitals

CUPE Hospitals SRP Funding Policy Step Increases

Please note that the Funding Policy Step 2-5 Increases associated with the Actuarial Valuation as at December 31, 2020 are currently being processed and letters identifying the increase to impacted members are anticipated to be sent this summer. Step 3/4 confirmation letters will be sent to impacted retirees individually as their pension recalculations are processed. For more information related to the Funding Policy Step Increases, please refer to the plan’s Spring 2022 Newsletter under the “Latest Information” section below.


For CUPE Hospitals SRP Retirees: Additional information for those who have or will receive retroactive salary increase due to recent ratification of collective agreements

If you are expecting a retroactive salary increase for a period when you were an active employee, you must contact your former employer to initiate the process. Your employer must withhold pension contributions in order for the additional salary to impact your pension benefit amount. After Vestcor receives the retroactive contributions, your pension benefit will be recalculated, and you will receive a retroactive lump sum payment for additional benefit payable since your retirement. Please note that with the large volume of retroactive salary increases being processed at this time, your pension recalculation could take several months to complete.


As an active member of the CUPE Hospitals SRP, you’ll find valuable information and resources regarding your pension plan in this section. The CUPE Hospitals SRP is made up of active, inactive and retired members from a variety of employers across the province.

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
Booklets Communications Application Forms Cost of Living Adjustments

How cost of living adjustments are calculated by your Plan’s actuary is explained.

Calculating the Cost of Living Adjustment (Video)
Latest Information

View the interactive version of your Spring 2022 Newsletter in the window above (the option to view it full screen should be visible in the bottom right of the window), or alternately, view the PDF version by clicking the button below.

CUPE-H Newsletter Spring 2022 (PDF version) Leaving your employment before retirement (CUPE-H) 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