CARRA has published its new version of the document entitled Méthodes de calcul des facteurs d’équivalence (FE) pour 2011.
This version indicates a new formula to be used for determining the pension adjustment (PA) of a TPP, CSSP or RPSO member who has reached 35 years of service. If a member is in one of those situations, two PAs must be calculated: one PA for the period before the 35 years were reached and a second PA for the period after the 35 years were reached. Although calculation is performed in two parts, only one PA is to be declared.
The document may be consulted at: Documentation > For employers.
Beginning in January 2012, CARRA is sending out a mass mailing of the form entitled "Statement of a beneficiary residing outside Québec" (098). If you are a CARRA beneficiary living outside Québec, you should be aware that you must fill out the form upon receiving it and return to CARRA before the deadline indicated in the letter sent with the form. If you fail to fill out the form, your payments could be suspended. (Cont.)
Some 300 000 CARRA pensioners will receive their statements in January. Statements give the details of payments and deductions in 2011 for all pension payments made through direct deposit.
All tax-related documents (income tax slips and receipts) needed to prepare income tax returns will be sent to the 340 000 pensioners as of mid-February.
From the end of December to mid-January, beneficiaries will receive their annual statement by mail. It provides detailed information on the evolution and indexation of their pension.
The "Beneficiary annual statement" section provides an example of this document and the appended explanatory leaflet.
CARRA has published a communiqué-retraite RREM to the authorities of municipalities and supramunicipal bodies. It contains the information needed to calculate the 2012 contributions to the Pension Plan of Elected Municipal Officers (PPEMO).
The document can be accessed under "Documentation > For employers > Documents for municipal and supramunicipal body authorities".
CARRA published the following document:
The document is available under "Documentation > For members" and "Documentation > For beneficiaries".
CARRA has just published a revised version of
communiqué-retraite (volume 35 numéro 8) giving the
new rates for the Retirement Plan for Senior Officials (RPSO)
and the Pension Plan of Management Personnel (PPMP). It
aims to inform the human resources directors about the
contribution rates, prescribed amounts and calculation formulas
to be used for the calculation of the 2012 contributions.
This communiqué cancels and replaces the one published on
December 13, 2011 on the same subject.
For added information, the PPMP Pension Committee explains
the new contribution rate for the PPMP in 2012.
CARRA has published a communiqué-retraite which completes the one published last November (volume 35 numéro 7). The subject added concerns the purchase of service performed at a research centre in the health and social services sector.
CARRA has just published a communiqué-retraite to inform the human resources directors about the contribution rates, prescribed amounts and calculation formulas to be used for the calculation of the 2012 contributions.
The new contribution rates for the Pension Plan of Management Personnel (PPMP) and the Retirement Plan for Senior Officials (RPSO) will be announced as soon as they are approved by governmental authorities.
