Archives: 2024

Articles

ATTENTION – ALL CBC PENSIONERS – THE NEXT PENSION SURPLUS

In the next day or two, you should receive notice of a package of information from CBC Pension Administration. It will resemble material received last year.  Like last time, it will ask you to give your approval to enable a payout of pension surplus. While the package will look familiar, it will include one important […]

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Communications Officer Posting

The PNA is looking for a dynamic, proactive communications officer. If you have strong writing and editing skills and a solid understanding of the use of social media, check out this job posting and get in touch! Job Description: Communications Officer Position: Communications Officer Location: Remote Reports To: National Executive of the CBC PNA Type: 1-year contract, reviewed quarterly/Part-time […]

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UPDATE ON 2023 PENSION SURPLUS PAYOUT

Work is underway in order to distribute approximately $55-million, our share of the 2023 pension surplus. CBC officials have been meeting with representatives from the Office of the Superintendent of Financial Institutions (OSFI) in an attempt to make the approval and distribution process for the 2023 surplus and future payouts simpler and quicker.  Those meetings […]

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The PNA’s perseverance pays off: A success story

We all deserve to celebrate the arrival of our rightful share of the surplus in the CBC pension plan. After the champagne bottles are drained, and the confetti has settled, here’s something to think about: This is not a windfall that fell from the sky. And no CBC pensioner would be receiving a surplus cheque, […]

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Surplus Sharing Details Announced – June 28, 2024

We have been advised that the distribution of the $129 million dollars of pension surplus will be paid to pensioners and employees on July 30th. Pensioners will be able to access their “surplus statement” on July 8th on the Pension Administration Centre (PAC) website.  If you do not yet have an account established details of how […]

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