The BC Pension Corporation was happy to host the spring 2014 session of the Employer Advisory Council. Presentation topics included Boomers and Delayed Retirements, Member Online Services and Updates to Employer Data Submission Functionality. Read on for a summary.
Fall 2014 seminar schedule coming soon
Seminar season is fast approaching and our Client Education Program team is lining up the fall 2014 schedule.
In September, you will receive an email about our Your Pension, Your Future and Thinking about Retiring seminars. The email will indicate who should attend each seminar, and will include information on how to register.
The retirement process, though exciting, can be an anxious time for members. They’re looking forward to starting a new chapter in their lives, but may be a little apprehensive about what and when they’ll be paid. There are things you can do to help ensure your members receive their pension payment as soon as possible. Read on to learn more.
Remitted contributions don’t match your Payroll Report? We’ve got your back
Last month we highlighted the importance of balancing your remitted contributions and salary to the data on the Payroll Report. We know it’s easier said than done. That’s why there’s a form called Balancing Help on the secured Employer section of our website. Balancing Help is a PDF form that includes total remittances to date and provides a guideline for balancing remitted funds to payroll data.
Here’s how to access the form:
Log on to the secured Employer section of the plan website with your username and password.
Click E-Remittance under the Financial Reporting section of the Resources box.
Click Balancing Help to download the PDF.
If you still have questions about the balancing process contact the plan finance branch at email@example.com.
Long-term disability (LTD) plans, which are approved for pension plan purposes, allow members to accrue pensionable and contributory service during a disability period. To ensure your members are being credited with service while on LTD, it’s important to ensure your disability plan is approved by the Pension Corporation. Read on for details.
We know that when employees want to know more about their pension, they often come to you for information, and may have questions about the value of the plan. Read on for some tips to help you answer these questions.
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