CBE Pension Plan
SPRING 2025 NEWSLETTER
View the interactive version of your Spring 2025 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.
CBE Pension Plan Spring 2025 Newsletter
If you are unable to view the newsletter above, access the PDF version here.
Current Processing Time for Pension Estimates and Retirement Applications
Processing times tell you how long it will likely take us to process an application under normal circumstances. The estimated times only apply if all necessary information is available when we receive your application. Various factors can prolong processing times, such as:
- Missing information / an incomplete application
- The availability of required information from other sources, including your employer
If you have any questions about a specific application, or an application type that is not listed below, please contact our Member Services Team between 8:00 a.m. and 4:30 p.m. (Atlantic Time), Monday to Friday.
Application Type | Target Processing Time To process 97.5% of applications within: |
Recent Average Processing Time |
---|---|---|
Pension Estimate | 43 days | 24 days |
Retirement | 43 days | 21 days |
How cost of living adjustments are calculated by your Plan’s actuary is explained in the resources below.
Explaining the Cost of Living Increase – January 1, 2025 (CBE)Explaining the Cost of Living Increase – January 1, 2024 (CBE)Explaining the Cost of Living Increase – January 1, 2023 (CBE)Explaining the Cost of Living Increase – January 1, 2022 (CBE)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)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.
Video: Planning for RetirementLife Events: Planning for RetirementDeclaration of Marital Status Form (NBPSPP | CBE | CUPE H SRP)Planning for Retirement ChecklistPension Estimate FormStatutory Declaration with Proof of Marriage (Form SD1)Statutory Declaration of Common Law Partner (Form SD2)Termination | Retirement FormCBE Phased-in Retirement Application FormWonder 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 PensionThe Board of Trustees is pleased to share the Plan’s first Responsible Investment Report. This report accounts for how environmental, social, and governance (ESG) related issues are considered when making investment decisions for the Pension Plan.
CBE Responsible Investment Report 2024