Looking forward to change

Looking foward to change

In this newsletter, we’ll review some of the changes that took place last year and take a look ahead to what’s in store for 2012.

In this issue, we introduce you to our newest non-college employer (below), and take a look at our revamped pension publications, recently launched in print and online.

Some of the changes coming this year are the result of ongoing pension reform in Ontario. The elimination of the 2-year “waiting period” for vesting is one of the many changes that affect active members. Amendments to the marriage breakdown rules around pension splitting came into effect this year, and the Canada Pension Plan has announced adjustments to help keep up with the changing retirement needs of Canadians. We will keep you informed of other changes as they are announced.

Be sure to read on to keep informed and up-to-date on changes that affect the Plan and your pension.

Plan welcomes OntarioLearn

This past June the Plan’s governors formally welcomed OntarioLearn as our newest “non-college employer”. OntarioLearn joins the Ontario College Application Service, the College Employer Council, Ontario Colleges Library System and the Northern Centre for Advanced Technology as participating employers operating within the college system.

OntarioLearn, in partnership with the colleges, provides an online learning website to help students pursue their educational goals.

The Plan’s new employer strategy continues to ensure that employees working for college-related employers have an opportunity to be part of the Plan.