Responsibilities | Pension Plans
Information for Pension Plan Members

Pension Plan Information
If you are a member of a pension plan, the plan administrator is required to provide you with specified information, which must include the following:

• a summary of the plan's provisions and your entitlements under the plan, a summary of the investment policy of the plan, the plan's assets in the most recent fiscal year, and the method of calculating interest;
  
  
• an annual statement of your contributions, benefits and personal data (e.g. birth date), your employer's contributions, and whether or not the plan has sufficient funds to pay all the benefits earned (to be provided to you within 180 days after the fiscal year end of the plan);
  
  
• a statement on termination of membership, outlining benefits earned and available options (to be provided to you within 90 days after termination of membership, or within 30 days after a written request is received by the plan administrator);
  
  
• a statement on retirement, outlining benefits earned and available options (to be provided within one year prior to commencement of pension, and within 30 days after the administrator receives a completed application form);
  
  
• a statement on death before pension commencement, outlining benefits earned and available options (to be provided to your surviving spouse or beneficiary within 30 days after proof of death has been provided to the administrator);
  
  
• access to the plan text and other related documents (within 10 working days after the administrator receives a written request);
  
  
• data relating to the calculation of benefits (within 30 days after the administrator receives a request);
  
  
• advance notice of your employer's intention to use or to withdraw surplus assets not otherwise required to provide benefits under the plan, or of your employer's intention to terminate the plan (within 60 days of proposed employer intention).

The plan administrator must provide the above information to you without charge.

If you are seeking information on your pension plan, you should first ask your employer or plan administrator, or contact your union . If you are unable to obtain the information required under section 10 of the PBSA, report this in writing to the office of the Superintendent of Pensions.


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