contact-banner-mail-chimp

Jump to section:


Stephen Roche Retires

The Pension and Benefits Board wishes to express its gratitude and thanks to Mr. Stephen Roche who for 13 years has faithfully served the church as Chief Financial Officer and Treasurer. In this role, Mr. Roche was also a full member of the Pension and Benefits Board and its committees.

Mr. Roche has provided the board with clear and decisive financial leadership and fiscal management; he has represented the board in discussions and decisions with professional advisors and the Trustee Board, and has supported the board with his financial acumen as the church faced serious pension plan challenges in recent years.

While always mindful of the board’s responsibility entrusted to them and on behalf of its actively working and retired plan members, Mr. Roche was just as attentive to the financial wellbeing of church and its congregations. He took many calls and emails from concerned plan members and congregational treasurers.

The board will miss Mr. Roche’s communicative (and sometimes humorous) skill in being able to explain important and difficult strategies in order for the board to make competent decisions. The Pension and Benefits Board wishes God’s blessings to Mr. Roche in his retirement.

Oliver Ng – New CFO & Treasurer

In August 2016, the board will welcome Mr. Oliver Ng, the new Chief Financial Officer. Mr. Ng is a graduate of the University of Toronto with a Bachelor of Commerce degree; he is a chartered professional accountant (CPA) and a certified management accountant (CMA) and has extensive experience in finance and investments.

Retiree Audit Results

During the past year, the Pension and Benefits Board office conducted a review of all members receiving a pension from The Presbyterian Church in Canada Pension Plan. The purpose of the review was to verify the accuracy of the benefits to which our retirees are entitled, maintain accurate contact information and update member details if needed.

Between July 2015 and January 2016 all but one of the Payment Confirmation Forms were completed and returned to us from our approximately 960 retirees. Thank you for your prompt response!

A key part of our review was to update or modify our data where required:

  • We updated 95 member addresses
  • We confirmed corrections to 3 dates of birth
  • We updated data for 14 spousal beneficiaries

We are very pleased with the results of the audit in that it reflects the dedication of our retirees and their families to remain connected to the Pension and Benefits Board office so that together we can improve how we serve our retired members. As part of its commitment to best practices in governance and administration, the Pension and Benefits Board will continue to conduct periodic reviews.

Changing Banks?

There are two options if you wish to change your banking information with regard to your monthly pension payment:

You may mail a new blank ‘void’ cheque or bank Direct Deposit Advise form with a brief note to the Pension and Benefits Board office stating that you are changing the bank account for your pension payment.

or

You may contact the RBC – Investor & Treasury Services Call Centre at 1-800-668-1320 for instructions. You will be prompted to choose #2 from their menu options – ‘Direct Deposit Instructions’.

Timeframe for banking changes – Important!
Banking changes for both options must be received by RBC Investor & Treasury Services by the 13th of the month for the following pension payment to be deposited into the new bank account. Please allow at least one pension payment to go into the new bank account before closing the old bank account.

2016 – 2017 Pension and Benefits Board Members

The Rev. Cameron Bigelow, Convener, Orillia, ON
Mr. John Bonnell, Halifax, NS
The Rev. Peter Bush, Winnipeg, MB
Ms. Ingrid Chingcucano, Toronto, ON
Mr. Woon Yong Chung, Toronto, ON
Mr. Timothy Herron, Convener, Trustee Board, Thornhill, ON
Ms. Ann Hysert, Merrickville, ON
Ms. Patricia Main, Toronto, ON
The Rev. Katharine Michie, Prince George, BC
The Rev. Dr. Laurence Mawhinney, Lunenburg, NS
Mr. Oliver Ng, Chief Financial Officer and Treasurer, Toronto, ON

The Pension and Benefits Board meets biannually each March and October. The board is scheduled to meet next on October 26 and 27, 2015. If you have questions or concerns regarding the pension plan or group benefits plan, you may contact the board:

Pension and Benefits Board
The Presbyterian Church in Canada
50 Wynford Drive, Toronto, ON M3C 1J7
pension [at] presbyterian [dot] ca

Next Board Meeting

The Pension and Benefits Board meets biannually each March and October. The board is scheduled to meet next on October 3 and 4, 2016. If you have questions or concerns regarding the pension plan or group benefits plan, or you have a particular item of interest for our retirees that you would like to see published in this newsletter, you are invited to contact the board:

Pension and Benefits Board
The Presbyterian Church in Canada
50 Wynford Drive, Toronto, ON M3C 1J7
pension [at] presbyterian [dot] ca

At each meeting the board receives reports from its various committees. The Technical Committee reviews issues specific to the pension plan, its regulatory requirements and member queries; the Group Benefits Committee reviews coverage under the group benefits plan and its related church policies; and, the Communications Committee confirms how plan members, beneficiaries and congregations receive appropriate and timely information about the pension and benefit plans. The board also receives detailed financial, investment and actuarial reports at each meeting.

About the Board Members

The Pension and Benefits Board is made up of Presbyterians with professional experience and expertise in disicplines relevant to the field of pension and benefits. For example, the board requires financial advisors and accountants, actuaries, human resource professionals and group benefits and insurance consultants. Just as vital to the membership of the board are active and retired members of the pension plan and benefit plans, representative of clergy, congregations and staff employees.

The Rev. Cameron Bigelow, Convener

The Rev. Cameron Bigelow retired in the fall of 2007 from his last charge of St. Andrew’s – Knox Presbyterian Church, Fort Erie, ON. Previous to that he ser ved in ministries at St. Andrew’s Presbyterian Church Orillia, ON, Central Presbyterian Church, Brantford, ON, St. Mark’s Presbyterian Church, Charlottetown, PE and Forbes Presbyterian Church in Grande Prairie, AB.

Mr. Bigelow began his ministry under the Board of World Mission in Grande Prairie, AB followed by a term of ser vice under the Board in Charlottetown, PE. He has served on various mission committees at the presbytery and synod levels, culminating as Convener of the Board of World Mission from 1990 to 1992 prior to it becoming part of the Life and Mission Agency. In that capacity he ser ved on the Committee of Ministerial Assistance and on the executive of the Administrative Council at the time of its transition to the Assembly Council. He served as a member of the Board of Governors of Knox College where for a period of time he chaired its Finance Committee. He has also convened a number of special committees and commissions of the General Assembly.

More recently, Mr. Bigelow was appointed to the Pension and Benefits Board in 2014 and has served on the Board’s Pension Plan Sustainability Study Committee, the Technical Committee and at the 2015 General Assembly was also appointed Convener of the Assembly’s Special Committee re Pension Solvency Funding.

Check the address!

If you submit your health and dental claims on paper, mail your completed claim forms to either of the closest Sun Life claims office near you:

Sun Life Assurance Company of Canada
PO Box 2010 Stn Waterloo
Waterloo ON N2J 0A6

Sun Life Assurance Company of Canada
PO Box 11658 Stn CV
Montreal QC H3C 6C1

**After September 30, 2016, any health and dental claims mail sent to addresses other than the above will be returned to you. If you have old claim forms and addresses, please discontinue using them and replace them with the current contact information.

Go paperless!

Consider submitting claims online at www.mysunlife.ca.

In Memory of… Remembering Those We Lost in 2015 – 2016

2015

Rev. Walter Allum
The Rev. Kenneth S. Barker
Mrs. Nancy Bhe
The Rev. Dr. Lawrence J. Brice
Mr. Lloyd Ewing
Mrs. Muriel C. Farris
Ms. Lynda Garland
The Rev. Dr. Peter Gilbert
The Rev. Donald J. Herbison
Mrs. Eileen Horne
Rev. Robert Little
The Rev. Siu-Man Lee
Mrs. Maureen E. Lewis
Mrs. Vera Lewis

Mrs. Dorothy E. Locke
Rev. Alexander S. MacDonald
The Rev. Murdock J. MacRae
Mrs. Anna Neill
The Rev. Ian S. Rennie
Mrs. Fay Robertson
Mrs. Constance Rowland
Mrs. Dorothy Smith
The Rev. Joseph Vasarhelyi
The Rev. Jeff Veenstra

2016

Mrs. Barbara Deans
Mrs. Joy “Jessie” Armour
The Rev. William M. Barber
The Rev. J. Morrison Campbell

The Rev. James Edmiston
The Rev. Sheila Fink
The Rev. Walter M. Hearn
The Rev. Clifford Johnson
Mr. Gary N. Little
The Rev. Dr. L. George Macdonald
The Rev. Stuart McEntyre
The Rev. Barbara McGale
Mrs. Letha McKee
The Rev. Dr. Donald R. McKillican
The Rev. Dr. Donovan G. Neil
Mrs. Katherine Reichelt
The Rev. Donald R. Sinclair
Mr. Richard Somers
Miss. Ida M. White

 

About this Newsletter

This newsletter provides summary information about The Presbyterian Church in Canada’s pension and benefits plans. It is not intended to be complete or comprehensive, or to provide legal or medical advice. If there are any discrepancies between this bulletin and the wording in the legal documents that govern the plans, the legal documents will apply in all cases.

Download a PDF of this newsletter

For more information, contact Pension and Benefits by email or call 416-441-1111 or 1-800-619-7301 ext. 287.