Bulletin
Changes to your Municipal Pension Plan
April 7, 2021
To: MoveUP Members enrolled in the Municipal Pension Plan
The Municipal Pension Plan has made changes to the design of the pension plan. These changes are designed to improve equity for plan members, align benefits with how members use those benefits, reinforce sustainability of the plan, and stay within the current costs to run the plan.
These changes will go into effect on January 1, 2022.
For more information, please visit the following links:
- Joint message from the Municipal Pension Plan partners and board
- Board communiqué, March 29, 2021, Plan changes will improve equity and sustainability
- Employer bulletin, March 29, 2021, Upcoming plan changes will improve equity and long-term sustainability
- Municipal Pension Plan website – Plan changes
Members are strongly encouraged to sign up to ‘My Account’ to see how these changes will impact your retirement.
In solidarity,
Lori Mayhew, Secretary-Treasurer
Christy Slusarenko, Vice-President, Combined Units
File Number: 21-MOVEUP-COMM-BLTN- Changed to MPP April 7
Union Label: mm:usw2009
Reply to: mmihaichuk@moveuptogether.ca