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Pension Surplus Update – October 10, 2023
Work is continuing towards implementation of the payout of the pension plan surplus. We had hoped that payouts would be made before the end of this year but recent developments have left that in doubt. We have been notified by the Office of the Superintendent of Financial Institutions (OSFI), the federal body that regulates pension […]
read moreSurplus Payout Update – September 22, 2023
Update from the CBC Work is continuing on completing the calculations necessary for a payout of pension surplus to retirees and employees. However, we are still awaiting the approval of distribution of funds from the pension regulator. The Office of the Superintendent of Financial Institutions (OSFI) oversees the security of pensions and plays a critical role in […]
read moreUpate on Pension Surplus Sharing Agreement
In a meeting with CBC Vice-President Marco Dubé on September 7, we were assured that the CBC Pension administration is working on completing the necessary work to generate payment to retirees and employees before year end. Currently, we are not able to provide a firm date for payout. The process involves calculations for more than 20,000 […]
read moreJon Soper Nominated to Pension Board of Trustees
Dear members, I am pleased to confirm that CBC/Radio-Canada’s Board of Directors has approved our nomination of Jon Soper as retiree representative to the Pension Board of Trustees. Jon is highly qualified for this role and will be an excellent advocate for members. This appointment acknowledges a longstanding practice of the PNA recommending a retiree […]
read moreUpdate on MOA Implementation
This update is intended to address your questions about implementation of the pension sharing agreement, such as when members might expect to receive funds. Last week, representatives from the PNA met with CBC Vice President, People and Culture Marco Dubé, to discuss some key issues: an update on the progress for implementation of the pension […]
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