What's New at SHEPP?

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

We are currently seeking individuals to fill the permanent full-time roles of:

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.

January 26, 2023

This issue includes information about going on a leave of absence and purchasing service, where to find SHEPP resources such as information sheets and online calculators, and a funded status update. Read more in our Fall 2022 Active Member Newsletter.

November 28, 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!

November 16, 2022

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

Pension payment for September 2022 will be deposited on Thursday, September 29 in accordance with the observed federal statutory holiday on Friday, September 30 designated as the National Day for Truth and Reconciliation.

Please see the 2022 Pension Payment Schedule for a full list of pension payment dates.

September 16, 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

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

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

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

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

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 30, 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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