What's New at SHEPP?

Your 2020 Annual Pension Statement will be mailed at the end of April, so you can expect it in your mailbox early May. If you are a SHEPP member with a deferred pension, your 2020 Annual Pension Statement will be mailed late May. Once your statement is mailed, you can also access it online by signing in to SHEPPweb.

April 12, 2021

We are currently recruiting a Applications Analyst. We provide our employees a valuable work experience, a competitive compensation package and the opportunity to integrate work and life in a healthy and effective way. Learn more about a Career at SHEPP.

April 6, 2021

Effective immediately, the transfer deficiency holdback applied to certain termination benefits will be 29% based on our most recently filed valuation at December 31, 2019.

In April 2020, the Financial and Consumer Affairs Authority (FCAA) implemented a temporary freeze on transfer payments from defined benefit pension plans. SHEPP was granted approval to issue payments out of the Plan during the freeze period which required an adjusted transfer deficiency holdback, using a temporary rate of 36%. The FCAA has lifted the freeze so effective immediately we will apply a transfer deficiency holdback of 29%.

March 29, 2021

At SHEPP, we are proud to serve Saskatchewan's healthcare workers and want to assure you that your pension is in good hands. For the time being, our office will remain closed to the public. Please continue to reach out to our member services team through phone or email. Read the entire Message from the CEO.

February 22, 2021

Are you approaching retirement? View our Retirement Ahead video presentation, covering topics such as retirement eligibility and estimating your pension under various retirement scenarios. Sign in to SHEPPweb to watch it today.

February 10, 2021

This issue includes a list of ways you can stay connected during COVID-19, an update on the Plan's funded status and the 2021 pension payment schedule. Read more in our January 2021 Pensioner Newsletter.

January 25, 2021

T4As were recently mailed 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 2020 income tax return. Pensioners can access a copy of their T4A by signing in to SHEPPweb. Learn more about T4As and income tax.

For non-residents, the 2020 NR4s are expected to be mailed out in late February.

January 22, 2021

This issue includes a review of SHEPP's retirement milestones with four different retirement scenarios, an update on the Plan's funded status, and a sincere thank you to our healthcare heroes. Read more in our Fall 2020 Active Member Newsletter.

November 27, 2020

The Plan's funded status has improved for the fifth consecutive time based on the latest going-concern valuation as at December 31, 2019, with the unfunded liability reduced by $35 million. To learn more, read the 2019 Valuation Summary.

November 27, 2020

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