A Message from the CEO of SHEPP

March 26, 2020 - As the coronavirus (COVID-19) situation continues to unfold, I want to reassure you and our nearly 60,000 SHEPP members that your pension will be here for you when you need it.

SHEPP is a defined benefit plan, meaning your pension benefit is calculated using a formula based on your eligible earnings and service in the Plan. Therefore, the recent decline in the market has no immediate impact on your pension benefit.

If you've already retired and receive a monthly pension payment from SHEPP, nothing will change - you'll continue to be paid on time each month. Read more

A Message of Gratitude to our Members and Employers

March 19, 2020 - This is a very challenging time for all of us as we navigate our way through this unprecedented global health crisis.

We recognise that it may be especially hard for you, our members and employers, on the frontlines of our provincial healthcare system. Your work is essential and impacts the lives of so many patients and their families. We are truly grateful for all you're doing right now because we know, like many of us, you have loved ones at home too. Read more

Pensioner Newsletter and Payment Schedule for 2020

January 26, 2020 - SHEPP recently mailed the Pension Payment Confirmation Statement and the 2020 Pensioner Newsletter to pensioners. This newsletter features an article on how a budget can help achieve financial well-being, tips for new retirees, an update on SHEPP?s funded status, as well as this year?s Pension Payment Schedule. Pensioners can also access their most recent Pension Payment Confirmation Statement on SHEPPWeb.

Attention SHEPP Pensioners: Your T4As Have Been Mailed

January 21, 2020 - T4As were recently mailed to all SHEPP pensioners and those who terminated their SHEPP membership and received a taxable lump sum payout. Your T4A includes important pension income and tax information needed to complete your 2019 income tax return. Pensioners can access a copy of their T4A on SHEPPWeb. Learn more about T4As and income tax.