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What's New at SHEPP?



We will be performing scheduled site maintenance starting on Friday, June 3, 2022, at 12 noon CST.

As a result, access to shepp.ca and SHEPPweb will be unavailable. Access will be restored by Monday, June 6, 2022 at 8 a.m. CST.

May 20, 2022


If you are a SHEPP member with a deferred pension, your 2021 Annual Pension Statement has been mailed along with your Spring 2022 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 17, 2022


This issue highlights the three sources of potential retirement income, a study on the economic benefits of public sector pension plans, and important reminders for you to keep in mind when reviewing your Annual Pension Statement. Read more in our Spring 2022 Active Member Newsletter.

April 29, 2022


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, 2021.

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 29, 2022


T4A and NR4 slips have been 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 2021 income tax return. Pensioners can access a copy of their T4A by signing in to SHEPPweb. Learn more about T4As and income tax.

February 4, 2022


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!

February 3, 2022


This issue includes a study on how pension income spending creates local economic benefit, an update on the Plan's funded status, an overview of Plan governance, and the 2022 pension payment schedule. Read more in our January 2022 Pensioner Newsletter.

January 25, 2022


We express our utmost gratitude to you, our healthcare workers, for your commitment to keeping our communities safe throughout the continued uncertainty of the COVID-19 pandemic. You have been here for us, and we are here for you, ensuring your pension is in good hands.

As we look ahead over the upcoming months, we look forward to continued connection with our members through our live webinars. Read the entire Message from the CEO.

December 10, 2021


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 cpplc.ca.

November 9, 2021


Active and deferred SHEPP members are reminded that changes to the Plan will take effect on January 1, 2022, regarding the option to elect a commuted value transfer of your pension.

If you do not exercise your option to transfer the commuted value of your pension out of the Plan by December 31, 2021, and you are age 55 or older on that date, you will no longer have the option to transfer that commuted value from SHEPP. Rather, your only option will be to receive your SHEPP entitlement as a lifetime monthly pension.

For details, please see the Active Member or Deferred Member Plan Amendments Information Sheet.

November 8, 2021


The Plan's funded status has improved for the sixth consecutive time based on the latest going-concern valuation as at December 31, 2020, with the unfunded liability reduced by $33 million.

To learn more, read the 2020 Valuation Summary.

November 2, 2021


Effective September 23, our office will be temporarily closed to the public due to the recent increase in COVID-19 cases and risk of community transmission.

At this time, in-person member services are suspended until further notice. Please contact our Member Services team by phone or email for support.

We are committed to providing a safe environment for our staff and members. Please check shepp.ca for updates as we continue to monitor the COVID-19 situation in Saskatchewan.

September 22, 2021


Pension payment for September 2021 will be deposited on Wednesday, September 29 in accordance with the observed federal statutory holiday on Thursday, September 30 designated as the National Day for Truth and Reconciliation.

Please see the 2021 Pension Payment Schedule for a full list of pension payment dates.

September 16, 2021


Active and deferred SHEPP members received a Notice of Plan Amendments included with their 2020 Annual Pension Statement, containing important information about changes to the Plan that go into effect July 1, 2021 and January 1, 2022.

Please see the Plan Amendments Information Sheet for more details regarding the changes to rules for SHEPP membership eligibility, combining SHEPP membership periods, and eligibility for the option to elect a commuted value transfer of your pension.


If you are a SHEPP member with a deferred pension, please see the Plan Amendments Information Sheet for Deferred Members.

June 29, 2021


SHEPP recently published its 2020 Annual Report which highlights a 10.5% rate of return in 2020, bringing the total value of the Fund to $8.9 billion at year-end.

For more highlights, read the 2020 Annual Report.

June 17, 2021


Our Member Survey is now closed. Thank you to all SHEPP members who participated.

We know you're busy keeping our communities safe, and we appreciate you taking the time out of your day to share your thoughts with us. Your response exceeded our expectations.

We look forward to sharing a summary of the results with you later this year. Stay tuned for updates!

June 7, 2021


We are committed to keeping you updated on changes to the Plan, so you have the knowledge to make timely and informed decisions about retirement. Please see the Notice of Plan Amendments included with your Annual Pension Statement for important information about upcoming changes.

For more details, please see the Plan Amendments Information Sheet.

If you are a SHEPP member with a deferred pension, please see the Plan Amendments Information Sheet for Deferred Members.

May 4, 2021

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