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SURPLUS PAYMENT UPDATE – SECOND NOTICE
In the coming days, CBC Pension Plan members will be receiving a notice, either by email or regular mail, advising them they have 30 days from receipt to provide any comments on the surplus distribution to the regulator, the Office of the Superintendent of Financial Institutions (OSFI). No action is required on your part. This […]
read moreWhat to do if you accidentally click that phishing link
(NC) For many of us, fishing is a treasured pastime. But none of us wants to get caught in a “phishing” scam. That’s when cyber criminals send you a message, like an email, text message, or something on social media, pretending to be someone you know or someone in authority. They try to trick you […]
read moreSURPLUS SHARING – WHAT HAPPENS NOW?
Now that pensioners and employees have confirmed their support for payout from the pension plan surplus the process will take the next crucial step toward distribution. Early next month the CBC will write to the Office of the Superintendent of Financial Institutions (the regulator) to ask for the release of approximately $130-million dollars from the […]
read moreSURPLUS SHARING UPDATE – WE MADE IT!!
The consent forms have been counted and we are pleased to report that more than two-thirds of all CBC pensioners have given their approval for the sharing of pension surplus. While there are still forms coming in that will be counted, as of today 8,922 said yes and only 55 said no. This is a […]
read moreCost of Living Adjustment 2024
The cost of living adjustment for 2024 is 2.7%
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