The Group Benefits Plan consists of the Health and Dental Plan and the Group Life Insurance Plan with Sun Life Financial. These plans can go through changes and updates from time to time and it is important to keep informed about how these changes may effect you.
GuidanceResources is an added benefit for members of the group benefits plan that give members and their families confidential support, resources and information for personal and work-life issues at no charge. These services are strictly confidential and are available to you and your immediate family members 24 hours a day, seven days a week, by phone or online.
Are you feeling the need for some easy ways to occupy your kids, or yourself, during these times indoors? When everyone is home, routines can feel like they’re becoming repetitive and under-stimulating. Here are some fun, creative and educational ways to keep things exciting, for free!
World famous museums and zoos have been stepping it up recently by providing virtual tours of their facilities. It’s a fun way to feel like you are “getting out of the house” while also learning about various topics such as art, science and history!
Being in front of a screen all day isn’t ideal, but designating an hour or two a day for some educational play may help make your screen time more meaningful. Below are some websites that will keep your kid’s brain sharp while away from the classroom!
Kids’ imaginations and creativity seem to be endless and being isolated shouldn’t keep that from growing, so here are some fun ways to keep those creative juices flowing!
Build a fort
Paint some rocks for the garden
Build a town with popsicle sticks or cardboard
Design a scavenger hunt
Invent a new board game
Dress up and make-up plays or skits
Start an indoor (or outdoor) garden
Decorate a cake
Learn a new dance or instrument
Brighten up the driveway with chalk
Paint a birdhouse
Whether you are working from home or are in isolation, adults need some fun and entertainment too. Being stuck inside can really take a toll, both mentally and physically, so here are some ways to take time out of the day to keep yourself healthy and stimulated.
Member Contributions: Members contribute a percentage of their pensionable income to the plan every month by payroll deduction. This percentage is approved each year by General Assembly. Read more on page 4 of Your Pension Plan.
Employer Contributions: Your congregation or employer also makes contributions to the pension plan. The amount of employer contributions is approved each year by General Assembly. Read more on page 4 of Your Pension Plan.
Retirement Age: Normal retirement age is 65. You can retire anytime after you reach age 55 with a reduced pension. Retirement can be postponed anytime after age 65, but under current law, pension payments must begin no later than the year in which you reach age 71. For more details on retirement age, early retirement or postponed retirement, see page 5 of Your Pension Plan.
Amount of Pension: Your pension is based on a formula that uses your pensionable income, income ratio, pensionable service, and maximum qualifying income. Read more on page 6 of Your Pension Plan.
If You Leave: If you leave the plan before you are vested, you will receive a refund of your contributions plus interest. If you are fully vested you are entitled to the commuted value of the pension you have earned. Read more on page 11 of Your Pension Plan.
Annual Pension Statements are sent to all members each May.
Your Pension Plan booklet (2016) provides information about The Presbyterian Church in Canada’s pension plan.
Have questions about retirement? Have a look at our Retirement and your PCC Pension Plan resource here.
Newsletter: Window on Your Pension and Benefits
Window…on your Pension and Benefits is a newsletter for active members of the pension and benefits plan, and is published each spring and fall. This newsletter contains details of health and dental benefits, messages from the Pension and Benefits Board, and important updates regarding the pension plan.
Continuation of Pension and Group Benefits Form – Members must complete this form prior to leave declaring their decision to stay in / suspend participation in both the pension plan and group life insurance benefits. Members can choose to opt to stay in one and not the other. Regardless of their choice, health and dental coverage will be maintained.
2. You will then be asked to enter your Organization Web ID:COM589
3. On the next page, you will be asked to enter the first five (5) characters of the name of your organization: Presb. When you’ve finished, click the Submit button on the bottom of the page.
4. On the next page, you will be asked to select your organization – Presbyterian Church in Canada – from a drop-down menu. When you have finished, click the Submit button at the bottom of the page.
5. You will then be asked to enter a User Name and Password. Both can be anything you would like but should be something you will remember. The User Name (often your name) must be at least six characters long and should have no spaces (ex. joesmith). The Security Questions are meant to prompt you if you forget your password. Make sure that you complete all required fields. When you’ve finished, click the Submit button at the bottom of the page.
6. You should now be registered on the website. If you have any problems registering or logging in to GuidanceResources Online, email Member Services at memberservices [at] compsych [dot] com.