Understanding Your Pension Highlights

The pensionable salary shown on your Pension Highlights and in the Service History section of Your Pension Profile reflects the salary information your employer provided to MEPP.

This amount may be different from the salary shown on your T4 because some earnings may not be considered pensionable. Some examples of non-pensionable earnings include training reimbursements, overtime, payouts for excess or unused vacation or sick time, and health spending or personal development payments.

Please contact your employer’s Human Resources department or pay and benefits representative if you have questions about the amount of pensionable salary that was reported to MEPP.

Credited service is the pensionable service credited to you for the year. Your statement may show less than 1.0000 of credited service if, for example, you worked part-time, joined the Plan partway through the year, or had unpaid time off after using vacation or sick time allocations.

The pensionable service shown on your Pension Highlights and in the Service History section of Your Pension Profile, reflects information provided by your employer. If you have questions or concerns about the amount shown, contact your employer's Human Resources department or pay and benefits representative. Your employer can also provide information about purchasing gaps in service.

The pension amount shown on your Pension Highlights is your base pension, calculated using the Plan’s standard assumptions, and does not include any future service, any reduction for retiring before age 60 or your unreduced date, or the effect of having a pension partner on joint lifetime pension options.

*Note: The accumulated pension amount shown on your Pension Highlights is your base pension, generally calculated as a Single Lifetime pension for service prior to 1992, and a Single Lifetime pension with a guaranteed term of 10 years for service after 1991.

Your Pension Highlights shows the base pension you have already earned as of the end of the previous calendar year. The Pension Projection Calculator estimates your future pension using projected information, so the amount shown online may be different from the pension amounts reflected on your statement.

A pension partner is not the same as a beneficiary. A pension partner is someone to whom you are married, or with whom you are in a spouse-like or common-law relationship for three consecutive years. A pension partner has specific rights and protections under the Plan unless those rights have been waived.

A beneficiary is a person or organization you designate to receive a benefit in the event of your death and, if applicable, the death of your pension partner. If a deceased member has no pension partner or beneficiaries listed, the death benefit will be paid to their estate.

To add a pension partner, submit a completed Pension Partner Information form through Document Centre in Your Pension Profile or by mail. To remove or change a listed pension partner, call the Member Services Centre at 1-877-889-MEPP (6377). Beneficiary updates can be completed online through Your Pension Profile or by submitting a Designation of Beneficiary(ies) form via Document Centre or by mail.