May 2022

May checklist Monthly Checklist

Print this handy checklist for submission deadlines and reminders.


Legend
Plan information Plan information Legislative information you need to provide to employees Legislative information you
need to provide to employees
Employee information you need to report to us Employee information you
need to report to us
Remitting contributions Remitting contributions

Plan information

Employer Council

Employer Council registration deadline is May 4

Employer Council is coming up on May 10 and 11 and it’s time to register if you haven’t yet. Don’t miss one of the most exciting employer events of the year!

Whether you’ve attended in the past or it’s your first time:

  • Enjoy this virtual event from the comfort of your chosen location and choose the day that works best for you.
  • Connect and hear about the latest news from us—no matter the size of your organization.
  • Take time to pause, have some fun and be informed.
    • Share ideas, feedback and common experiences.
    • Discuss current issues and best practices.
    • Hear what we are working on to support you.

Council details

Dates and times

The agenda is the same on both days. Register for the one that works best for your schedule.

  • Tuesday, May 10, 2022, from 9 a.m. to noon
  • Wednesday, May 11, 2022, from 9 a.m. to noon

Registration


Legislative information you <br />need to provide to employeesEmployee information you need to report to us

Employees turning 71 this year

Do you have employees turning 71 this year?

Under the Income Tax Act, an employee must start receiving their pension no later than the end of the year they turn 71. This means if you have an employee who turns 71 this year, they must start collecting their pension no later than December 1. You must not collect contributions from that employee after November 30.

Review the Age 71 employees reporting instructions and section 4.1 of the Employer Instruction Manual to learn more.


Plan information

Employer website upgrades

Employer website upgrades coming later this year

In the January newsletter, we let you know about improvements to our employer digital services coming later this year. We’re working hard to update and upgrade the employer portal so you can be more self-sufficient in your reporting processes. To make sure that your reporting tools work smoothly and there is no interruption to service, we’ve delayed the migration to the new platform until fall 2022.

As we wait for the new and improved sites, we’d like to show you what we’ve been working on. Register for May’s Employer Council workshops to get an early preview of the new look. We’ll also be hosting demonstration webinars later this spring and summer—watch for registration details in future newsletters.

Our Employer Operations team will be here to help you every step of the way as we all transition to the new platform. We’re sure that you’re going to love the new look, feel and functionality as much as we do, and we can’t wait to show it to you!


Plan information

Impact of BC’s public sector pension plans

Learn about the economic impact of BC’s public sector pension plans

Recent research commissioned by the Canadian Public Pension Leadership Council (CPPLC) highlights the unique value provided by Canada’s public sector pension plans. Findings in the report show how these plans provide stability to British Columbians and demonstrate how residents of BC benefit in different ways.

Learn more about this research and what it means for your organization at Employer Council, May 10-11.

For more information about the CPPLC and to download the full report, visit cpplc.ca.