CSSB Office Closed - September 15, 2021
In respect and recognition of the National Truth and Reconciliation Day, the CSSB office will be closed on September 30, 2021.
July 2021 Pension Payments Include 2020 Cost-of-Living Increase - July 23, 2021
The Board approved a 0.49% Cost-of-Living Adjustment (COLA) for eligible pension recipients, which will be included in the July 2021 pension payments.
This increase is equal to 2/3 of the increase in the Canadian Consumer Price Index for 2020, which was 0.73%. A history of CSSB COLA percentages since 1977 can be found here.
This increase also applies to eligible members with a deferred account.
The actuary has continued to express concern that, unless changes are made, the Account will not be able to meet the target of granting additional COLA’s each year at the rate of 2/3 of the increase in the Consumer Price Index. The Board shares this concern.
The Superannuation and Insurance Liaison Committee, which represents plan members in negotiating plan benefits, is studying the sustainability of the COLA Account.
CSSB 2020 Annual Report is now available! - July 7, 2021
The 2020 CSSB Annual Report is now available in the Publications section.
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.
For additional information, click here.
2020 T4A's are in the Mail - February 20, 2021
T4A’s in respect of pension payments made in 2020 have been sent to Canada Post for mailing.
Your T4A will have been mailed to you if you are not registered for Online Services, or if you are registered for Online Services but you had not accessed your T4A at the time the forms were printed.
If you are registered for Online Services, you can still access you 2020 T4A from there.