What's New at SHEPP?

This issue includes a reminder to keep your personal information up to date with SHEPP, information about planning ahead with a power of attorney, an update on the Plan's funded status, and the 2024 pension payment schedule. Read more in our 2024 Pensioner Newsletter.

January 25, 2024

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 2023 income tax return. Learn more about T4As and income tax.

Pensioners can now access a copy of their T4A by signing in to SHEPPweb.

January 25, 2024

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!

January 18, 2024

Employees of SHEPP participating employers who are not in a permanent full-time or permanent part-time position will receive notification from 3sHealth in December or January if they have become eligible to enrol in the Plan.

If you choose to join the Plan once becoming eligible, you immediately begin building secure and predictable lifelong retirement income.

See the Eligible Employees section to learn more about joining SHEPP and the advantages of membership for your future financial wellness.

December 22, 2023

This issue includes a funded status update as well as information about why it's important to update your personal information with SHEPP, how to access resources on SHEPPweb and the three main steps to applying for your pension. Read more in our Fall 2023 Active Member Newsletter.

November 23, 2023

SHEPP filed an actuarial valuation as at December 31, 2022. The funded ratio remained strong at 98% funded and the unfunded liability was reduced by $48 million. To learn more, read the 2022 Valuation Summary.

October 23, 2023

We are proud to be named a Top Employer for 2023 by Benefits and Pensions Monitor magazine, recognizing SHEPP as one of the pension industry's best workplaces in Canada.

At SHEPP, we are committed to building a nurturing environment that provides fulfilling careers while promoting overall well-being. Visit the Benefits and Pensions Monitor website to learn more about their list of Top Employers and reasons for selecting SHEPP.

To learn more about working at SHEPP, and to view current opportunities, see the Careers section of our website.

October 11, 2023

October is Cyber Security Awareness Month in Canada. Embracing the ability to do more of our daily activities online also means being aware of potential cyber threats and knowing how to keep your personal information safe.

We want to remind you that practicing good cyber security doesn't have to be complicated, so here are a few simple ways to protect yourself online:

  • Create strong, unique passwords.
  • Learn how to spot and avoid online scams.
  • Keep your devices updated.

For more tips on personal cyber security, and information about #CyberMonth2023, visit the Get Cyber Safe website.

October 5, 2023

A Third Amending Agreement to the SHEPP Agreement and Declaration of Trust was recently signed by the Partner Committees, which now allows for Trustees to receive remuneration from the Plan for their participation on the Board.

Trustee remuneration is not intended as a salary, rather, it is recognition for their time and effort attending to Plan matters. Since establishing SHEPP's current joint-trustee structure in 2002, Trustees had served without remuneration from the Plan.

July 24, 2023

The Canadian Public Pension Leadership Council (CPPLC) released new research examining how Canadians' perceptions of retirement may have changed from 2016 to 2022, years that included the COVID-19 pandemic and high inflation.

CPPLC commissioned Pollara Strategic Insights to perform a poll of Canadians asking many of the same questions put forward in a 2016 survey.

Read the study, The Pensions Canadians Want: Perceptions of Retirement (2016 - 2022) which compares the results of both polls to see how people's retirement perceptions have shifted.

July 6, 2023

SHEPP's 2022 Annual Report is now available, providing a comprehensive overview of the Plan's financial position, funded status, investments, and administrative services.

Highlights from the year include investment performance of 3.1% over benchmark and total assets of approximately $9.3 billion at year-end.

For all the details, please read the 2022 Annual Report.

June 22, 2023

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

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

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