CBE Pension Plan

A Canada Post mail service disruption is currently in effect. If you are waiting to receive retirement options from us, please contact us to make alternate arrangements. In addition, if you have recently mailed your retirement options back to us, please contact our office to confirm they were received. Thank you!

NOTICE TO MEMBERS – ANNUAL INFORMATION MEETING
November 15, 2024

It has come to our attention that several members have just received our Fall 2024 newsletter, which featured an invitation to the Annual Information Meeting that took place on November 13. We are investigating how this occurred, as the newsletters were supposed to have been mailed by our print provider well in advance of the meeting, ensuring you had an opportunity to register and attend the meeting. We do not take this matter lightly as this annual event is very important to us, and knowing members were unable to attend it live is very disappointing.

A recording of the meeting is available now at cbenb.ca/2024aim. The CBE Pension Plan is in excellent financial health, and there is a lot of great news that was shared about the Plan.

If you have any questions about the information shared, please submit them to info@cbenb.ca. Your questions will be shared directly with the presenters and answered as quickly as possible.

Thank you.


2025 Cost of Living Adjustment Announced
Learn more in the Fall 2024 Newsletter, or in the “Cost of Living Adjustments” section below.


FALL 2024 NEWSLETTER
View the interactive version of your Fall 2024 Newsletter in the window below (the option to view full screen should be visible at the bottom right of the window), or view the PDF version by visiting the “Latest Information” tab below.

If you are unable to view the newsletter above, access the PDF version here.


CBE PENSION PLAN 2023 ANNUAL REPORT
View the CBE Pension Plan 2023 Annual Report here. You can also view the interactive version of the Annual Report in the window below (the option to view full screen should be visible at the bottom right of the window).

Application Forms
General Reciprocal Transfer Agreements Planning for retirement For Retirees
Employee Statement of Pension Benefits

Your Employee Statement of Pension Benefits provides you with personalized estimated pension amounts as of December 31 of a given year. Your statement also includes information you need to use Vestcor’s Online Pension Estimate Calculator.

Need help with your statement? Refer to the information included below, and these helpful videos:

2023 STATEMENTS

If you were an active member of the CBE Pension Plan in 2023, your 2023 Employee Statement of Pension Benefits is mailed to you in the spring.

Understanding your Employee Statement of Benefits (CBE)
Planning Your 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.

Declaration of Marital Status FormPension Estimate FormTermination | Retirement FormCBE Phased-in Retirement Application Form
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
About the CBE Pension Plan
Annual Information Meetings Annual Reports Board of Trustees Governing Documents Financial Results: Actuarial Valuation Reports Financial Results: Financial Statements Financial Results: GIPS® Total Fund Reports

FINANCIAL STATUS OF THE PLAN

The CBE Pension Plan is
132.2% Funded

When the 15-Year Open Group Funded Ratio is over 120% the CBE Pension Plan is in good financial condition and Cost of Living Adjustments can be granted every year. This is where the CBE Pension Plan is today.

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 here to access a series of resources to help you no matter your current knowledge level.

About Shared Risk Plans

What is a Shared Risk Pension Plan? Watch the video below to find out.