Pensions
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.
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 40,833 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.
On October 6th, 2021 we held our 7th Annual Information Meeting via live webcast.
The presentations at this year’s meeting included:
- 2020 Actuarial Results – The NBPSPP’s actuary, LifeWorks, gave a thorough walkthrough of the 2020 Actuarial
Valuation (see page 4) and what it means for your Plan. - Road Map to Retirement – Vestcor’s Member Services Team laid out what you can expect leading up to your
retirement, and some of the important dates you should keep in mind. - 2020 Investment and Plan Administration Report – The Plan’s Investment Manager and Plan Administrator, Vestcor,
reviewed how the investments of the NBPSPP performed in 2020, and gave an update on the administrative services
they provide to members. - The meeting concluded with a Question and Answer Session with questions submitted by members.
If you were unable to attend, or if you would like more information, visit vestcor.org/nbpspp2021aim, where you can:
- watch the recording of the meeting;
- access the presentations; and
- find our Key Resources Guide.
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 BiographiesThe 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 UnderstandingEvery year, the Board of Trustees hosts an Annual General Meeting, open to all members. Find below details of the most recent AGM.
NBPSPP 2020 Annual Information Meeting NBPSPP 2019 Annual Information Meeting NBPSPP 2018 Annual General Meeting NBPSPP 2017 Annual General Meeting Video RecordingView the Plan’s most recent annual report, actuarial valuations, financial statements, and performance composites for the NBPSPP.
Actuarial ValuationStay 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. GeneralWhether you need to provide a form for your pension or employee benefits, quickly find the form you need.
GeneralMember 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-GlanceAbove 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:
- Governance of the NBPSPP
- NBPSPP Pension Contributions
- Vesting Under the NBPSPP
- Benefits Accumulated Under the NBPSPP
- CPP Integration and Your NBPSPP Pension
- What Can Impact Your NBPSPP Pension Amount?
- Keeping Track of Your NBPSPP Pension Benefit
- Forms of Pension Under the NBPSPP
- Schedule of NBPSPP Pension Payments
- NBPSPP Benefits Payable Upon Termination or Death
- Designating a Beneficiary Under the NBPSPP
- Other Provisions That May Impact Your NBPSPP Pension
- Thinking About Retiring as an NBPSPP Member
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 YouTubeView the interactive version of your Spring 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.
NBPSPP News Release: Full Cost of Living Increase Provided (September 2021) NBPSPP Annual Report 2020 Explaining the Cost of Living Increase – January 1, 2022 (NBPSPP) NBPSPP Response to Misinformation (Aug 2021) NBPSPP Newsletter Spring 2021 – Active Member Edition (PDF version) NBPSPP Newsletter Spring 2021 – Retiree Edition (PDF version) Response to the Auditor General Annual Report (NBPSPP) – February 2021 Understanding Your Employee Statement Of Pension Benefits (NBPSPP)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
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.
Plan GovernanceThe 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 BiographiesMember booklets and guides contain important information relating to your pension plan.
NBTPP Member Booklet Supply Teachers/Local Permit Holders – Eligibility and Participation Criteria (NBTPP) Marriage Breakdown Booklet Guide – Disability Pension for Teachers NBTPP At-a-Glance Understanding your Employee Statement of Pension Benefits (NBTPP)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. GeneralQuickly find the form you need.
GeneralAbove 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:
- Governance of the NBTPP
- NBTPP Pension Contributions
- Vesting Under the NBTPP
- Benefits Accumulated Under the NBTPP
- CPP Integration and Your NBTPP Pension
- What Can Impact Your NBTPP Pension Amount?
- Keeping Track of Your NBTPP Pension Benefit
- Forms of Pension Under the NBTPP
- Schedule of NBTPP Pension Payments
- NBTPP Benefits Payable Upon Termination or Death
- Other Provisions That May Impact Your NBTPP Pension
- Thinking About Retiring as an NBTPP Member
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 YouTubeView the interactive version of your Spring 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.
NBTPP Annual Report 2020 Explaining the Cost of Living/IAB Increase – January 1, 2022 (NBTPP) NBTPP Response to Misinformation (July 2021) NBTPP Newsletter Spring 2021 – Active Member Edition (PDF version) NBTPP Newsletter Spring 2021 – Retiree Edition (PDF version) Response to the Auditor General Annual Report (NBTPP) – February 2021 Understanding your Employee Statement of Pension Benefits (NBTPP)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
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 approximately 15,393 active, inactive and retired members from a variety of employers across the province
Plan Governance
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 BiographiesThe following documents guide the Board of Trustees in the governance of the CBE SRP.
CBE SRP Statement of Investment Policies CBE SRP Memorandum of Understanding CBE SRP Plan Text CBE SRP Amendment to Memorandum of Understanding and Approval of Changes to Funding Policy CBE SRP Agreement and Declaration of Trust CBE SRP Summary of the Funding Policy CBE SRP Funding PolicyView the Plan’s most recent annual report and financial statements.
CBE SRP Financial Statement as of December 31, 2019 CBE SRP Financial Statement as of December 31, 2018 CBE SRP Financial Statement as of December 31, 2017 CBE SRP Financial Statement as of December 31, 2016 CBE SRP Financial Statement as of December 31, 2015 CBE SRP Financial Statement as of December 31, 2014 CBE SRP Financial Statement as of December 31, 2013 CBE SRP Financial Statement as of December 31, 2012 CBE Financial Statement as of December 31, 2011 CBE Financial Statement as of December 31, 2010 CBE Financial Statement as of December 31, 2009 CBE Financial Statement as of December 31, 2008Member booklets and guides contain important information relating to your pension plan.
Marriage Breakdown Booklet CBE SRP Pre-retirement death benefits Understanding your Employee Statement of Benefits (CBE SRP) CBE SRP Phased-In Retirement Booklet CBE SRP At-A-Glance CBE SRP Employee Booklet CBE SRP Purchase of Service: Additional InformationStay informed about your pension plan through the semi-annual newsletters provided by the Board of Trustees of the CBE SRP, in addition to the general communiqués provided by the Board and Vestcor.
Sign up to receive your newsletter and other general communications electronically. GeneralQuickly find the form you need.
GeneralView the interactive version of your Spring 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.
Explaining the Cost of Living Increase – January 1, 2022 (CBE SRP) CBE SRP Response to Misinformation (July 2021) CBE SRP Newsletter Spring 2021 (PDF version) Understanding your Employee Statement of Benefits (CBE SRP)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 PensionAs 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 ActAs 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 approximately 10,100 active, inactive and retired members from a variety of employers across the province.
Plan GovernanceThe 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 HospitalsThe following documents guide the Board of Trustees in the governance of the CUPE Hospitals SRP.
Memorandum of Understanding (CUPE Hospitals SRP) Agreement and Declaration of Trust (CUPE Hospitals SRP) Statement of Investment Policy and Goals (CUPE Hospitals SRP) Summary of the Funding Policy (CUPE Hospitals SRP) Funding Policy (CUPE Hospitals SRP) Plan Text (CUPE Hospitals SRP)View the Plan’s most recent annual report and financial statements.
CUPE-H Financial Statements as of December 31, 2019 CUPE-H Financial Statements as of December 31, 2018 CUPE-H Financial Statements as of December 31, 2017 CUPE-H Financial Statements as of December 31, 2016 CUPE-H Financial Statements as of December 31, 2015 CUPE-H Financial Statements as of December 31, 2014 CUPE-H Financial Statements as of December 31, 2013 CUPE-H Financial Statements as of December 31, 2012 CUPE-H Financial Statements as of December 31, 2011 CUPE-H Financial Statements as of December 31, 2010Member booklets and guides contain important information relating to your pension plan.
CUPE-H At-A-Glance (May 2017) Marriage Breakdown Booklet Pre-Retirement Death Benefits (CUPE Hospitals SRP) Understanding your Employee Statement of Benefits (CUPE-H SRP) Purchase of Service : Additional Information (CUPE-H SRP) CUPE-H Pension Plan Member BookletStay informed about your pension plan through the semi-annual newsletters provided by the Board of Trustees of the CUPE Hospitals SRP in addition to the general communication provided by the Board and Vestcor.
Sign up to receive your newsletter and other general communications electronically. GeneralQuickly find the form you need.
GeneralView the interactive version of your Spring 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-H Newsletter Spring 2021 (PDF version) Leaving your employment before retirement (CUPE-H) Understanding your Employee Statement of Benefits (CUPE-H SRP)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 PensionAs 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.
Member booklets and guides contain important information relating to your pension plan.
Increase Your Pension (Transfer from PT&S to CUPE 2745) Marriage Breakdown Booklet Understanding your employee statement of pension benefits (CUPE 2745) CUPE 2745 At-A-Glance CUPE 2745 (S&C) Pension Plan Member BookletMeet 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 TextQuickly find the form you need.
Marriage Breakdown Booklet Change of Information/Beneficiary (CUPE 2745 | CUPE 1253) Purchase Service Form (CUPE 2745 and CUPE 1253(GLT&S)) Application for Membership to CUPE 2745 (S&C) Pension Plan Marriage Breakdown Form (Division of Pension Assets for Contributors Involved in Marriage Breakdown) Pension Estimate Form Reciprocal Transfer Agreement Guide Reciprocal Transfer Agreement – CUPE 2745 | PT&S Termination | Retirement Form Statutory Declaration of Common Law Partner Survivor Benefits (Spouse or Common-Law Partner) Survivor Benefits (Named Beneficiary or Estate)View the interactive version of your 2020 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 – 2020 (PDF version) Understanding your employee statement of pension benefits (CUPE 2745) CUPE 2745 At-A-GlanceWonder 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 PensionAs 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 BookletsMember booklets and guides contain important information relating to your pension plan.
Increase Your Pension (Transfer from PT&S to CUPE 1253 (GLT&S)) Marriage Breakdown Booklet CUPE 1253 (GLT&S) Pension Plan At-A-Glance Understanding Your Employee Statement of Pension Benefits CUPE 1253 (GLT&S) CUPE 1253 (GLT&S) Pension Plan Member BookletMeet 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 TextQuickly find the form you need.
GeneralView the interactive version of your 2020 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 – 2020 (PDF version) CUPE 1253 (GLT&S) Pension Plan At-A-Glance Understanding Your Employee Statement of Pension Benefits CUPE 1253 (GLT&S)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