The Pension Plan administrator collects personal information about you on behalf of the MSBA Pension Plan and their service providers. The information collected is needed to administer the Plan properly and to comply with applicable laws. These tasks may ...
The Board of Trustees is responsible for determining the investment direction of the Plan assets with the assistance of their professional consultants. The Board regularly review the investments...
A member could stop contributing to the Pension Plan when one of the following situations occurs:
If you should pass away while you are a member of the Pension Plan, your spouse, designated beneficiary or estate will receive your pension death benefit. The amount of this benefit is the same as...
As an Active Plan member, you are not permitted to withdraw your vested pension account until your termination or retirement from your employment and based on the provisions of the CBA...
Your normal retirement date under the Plan is the first day of the month coinciding with or immediately following your 65th birthday. You may retire early any time after you have reached age 55...
Learn how to register and navigate through the member Portal.
Your beneficiary is the person who you want to receive your pension death benefit. Under pension legislation: If you have a spouse, your spouse is automatically your pension beneficiary unless...
You may retire at any time following your 50th birthday. Upon retirement, you will receive a pension (lifetime income) based on your Total Account Balance...
If your employment terminates for any reason other than retirement or death, you will be entitled to your Total Account Balance...
Upon your death, your Spouse/Common-Law Partner or your designated beneficiary(ies) would be entitled to your Total Account Value...
If your Account Value (Employer Account and Member Account) is greater than 20% of the Year’s Maximum Pensionable Earnings (YMPE)...
The Board of Trustees is responsible for overseeing the general administration and overall governance of the Pension Plan. The Board of Trustees is comprised of the following individuals who are appointed...
If you choose to retire early (as early as age 50), you will generally have the same retirement income product choices as those at age 65...
If you have been a Member of this Pension Plan for less than two years and your Plan membership terminated prior to July 1st, 2012, your pension benefit is not vested. You will be entitled to a lump sum...
Learn how to estimate your possible monthly retirement income with the funds that you have accrued in the pension plan based on your expected retirement date or your retirement age.
As an Active Plan member, you are not permitted to withdraw your vested pension account until your termination or retirement from your employment and based on the provisions of the CBA...
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