What's New at SHEPP?

If you are a SHEPP member with a deferred pension, your 2022 Annual Pension Statement has been mailed along with your 2023 Newsletter.

You can also view your statement online by signing into SHEPPweb. If you have any questions about your statement, please contact our office by phone or email.

May 18, 2023

Your Annual Pension Statement has been mailed. Be sure to review your statement carefully as it contains important information including your designated beneficiaries, pension estimates and a summary of the benefit entitlements you've earned up to December 31, 2022.

For more information, see our online guide to understanding your Annual Pension Statement. Active members can also view their statement online by signing in to SHEPPweb.

April 28, 2023

This issue includes three things you should do when reviewing your pension statement, an example of how to maximise your pension benefit by purchasing a leave of absence, and an announcement that we'll begin asking for member feedback to ensure we're consistently delivering on our service standards. Read more in our Spring 2023 Active Member Newsletter.

April 28, 2023

Join us for a Retirement Ahead webinar to learn more about your SHEPP pension and get the information needed to help you make important decisions in planning for retirement.

See the Information Sessions page for a listing of upcoming webinar dates and registration information. Register today!

April 28, 2023

SHEPP's Board of Trustees recently welcomed a newly appointed trustee! Darren Kurmey has taken over the role of Employee Trustee as the SUN appointee, following the retirement of Marg Romanow. We wish Marg the best in her future endeavors and extend a warm welcome to Darren.

Visit our Board of Trustees page to read our Board Member bios.

April 11, 2023

T4A and NR4 slips will be mailed in February to SHEPP pensioners and to those who terminated SHEPP membership and received a taxable lump sum payout.

Your T4A includes important pension income and tax information that you will need to complete your 2022 income tax return. Pensioners can access a copy of their T4A by signing in to SHEPPweb. Learn more about T4As and income tax.

January 26, 2023

This issue includes an update on the Plan's funded status, tips for new retirees, information about cost of living adjustments and your SHEPP pension, and the 2023 pension payment schedule. Read more in our January 2023 Pensioner Newsletter.

January 26, 2023

SHEPP's funded status made another year-over-year improvement based on its latest valuation as at December 31, 2021. The funded ratio increased to 98% funded and the unfunded liability was reduced by $45 million.

To learn more, read the 2021 Valuation Summary.

October 31, 2022

SHEPP recently published its 2021 Annual report which highlights a 10.1% rate of return in 2021, bringing the total value of the Fund to $9.7 billion at year-end.

For more highlights, read the 2021 Annual Report.

June 23, 2022

Public service pension plans such as SHEPP provide unique value in the Canadian economy. Whether through the work of active members and their employers, retired members' pension-related spending, or through the local investment activities that pension plans perform on behalf of their members, local economies benefit from public service pension plan activity.

A recent report commissioned by the Canadian Public Pension Leadership Council (CPPLC) looks at understanding the positive economic impact of public sector pension plans in communities across Canada and in Saskatchewan.

For details, read the report Economic Benefits of Canadian Public Sector Pension Plans available for download at

November 9, 2021

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