What's New at SHEPP?

SHEPP is pleased to announce the appointment of Dustin Antonini as our new Chief Investment Officer (CIO). Dustin takes over the leadership of our Investments team following the retirement of Janet Julé.

Since joining SHEPP in 2017, Dustin has been instrumental in advancing our investment strategies, driving growth, and ensuring success. His exceptional leadership, dedication, and expertise have made a significant impact at SHEPP, and he will be a valuable addition to our Senior Leadership Team.

We extend our sincere appreciation to Janet Julé for her outstanding contributions to SHEPP's success as CIO. We wish her all the best in retirement.

May 30, 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!

May 23, 2024

Did you know you may be eligible to maximize your pension by purchasing service?

SHEPP has service purchase options available which would positively impact your pension amount and could help you retire earlier with an unreduced pension.

Current service can be purchased during a leave of absence, subject to certain time limits, by remitting both yours and your employer's contributions. Eligible prior service can be purchased for past periods of employment when you were not contributing to SHEPP like parental or education leave, or casual and temporary positions before joining the Plan.

You can purchase prior service at any time as an active member, but it's a good idea to explore this earlier as the cost generally increases over time.

To learn more, see Purchasing Credited Service under the Members section of our website.

May 14, 2024

If you are a SHEPP member with a deferred pension, your 2023 Annual Pension Statement has been mailed along with your 2024 Newsletter.

You can also view your statement online by signing in to SHEPPweb. If you have any questions about your statement, please contact our office by phone or email.

April 25, 2024

Your Annual Pension Statement has been mailed. Be sure to review your statement carefully as it contains important information including your marital status, designated beneficiaries, pension estimates and a summary of the benefit entitlements you've earned up to December 31, 2023.

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 2, 2024

This issue includes a reminder to review your Annual Pension Statement as well as information about the advantages of your SHEPP pension, how certain life events may impact your pension, and how to maximize your pension. Read more in our Spring 2024 Active Member Newsletter.

April 2, 2024

When you retire with SHEPP, you can expect secure and predictable monthly income for the rest of your life.

But how well do you know your pension plan? Understanding your defined benefit pension plan is an important part of planning for retirement.

As a SHEPP member, you don't have to worry about making complex investment decisions or outliving your pension when you retire. And the Plan also includes features to help you make the most of your pension benefit.

To learn more about your pension plan and how it works, see Understanding Your Pension Plan under the Members section of our website.

March 22, 2024

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

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

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

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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