Changes to the Civil Service Superannuation Act - October 15, 2020
Bill 43, The Civil Service Superannuation Amendment Act, received Royal Assent in the Manitoba legislature on October 14, 2020.
This Bill changes the provisions of the Civil Service Superannuation Fund pension plan, and became effective immediately.
The majority of the amendments are minor housekeeping changes that update or clarify existing provisions of the Civil Service Superannuation Act (CSSA), however three of the anticipated changes are more significant. The following changes were made at the joint recommendation of the Superannuation and Insurance Liaison Committee (representing employees) and the Employer Pension and Insurance Advisory Committee (representing employers).
Revised Basis for Calculating Pension Commuted Values
Extended Timeline for Maternity or Parental Leave Purchase
Appointment of Employee Representatives on the Board
For additional information, click here.
COVID-19 Update - October 1, 2020
The Civil Service Superannuation Board is continuing to maintain physical distancing measures to help reduce the spread of COVID-19. Our office will remain closed to the public and all in-person meetings will be cancelled until at least the end of October 2020. The situation will be reassessed in early November.
In person seminars will be cancelled for the remainder of 2020.
We'll be happy to continue to assist you by telephone or email.
See details here