If you are a member of RREGOP and the PPMP (in the education network and the public service) or the following plans: RPSO, TPP, CSSP, PPCT, RPCHCN, PPFEQ or the PPPOCS, you will receive the new annual statement by mail. Mailing will begin in May and continue until fall 2012. The statement, which provides detailed information about membership in your pension plan, is also a new tool to help in planning your retirement. It will make it easier for you to prepare for that important stage in your life.
The statement has several helpful features:
A genuine reference document, it is user-friendly and very informative.
CARRA offers you various ways to familiarize yourself with the statement:
After you have read your statement, you are invited to respond to a short survey (online only) in order to give us your opinion of the clarity of the statement and its usefulness.
CARRA has published updated versions of the following two forms:
A new version of the Buy-backs brochure is also available
How to facilitate processing of an application for buy-back
A member who submits an application for buy-back must:
The absence of required information or supporting documents may increase processing time, as it will be necessary to return the forms to the member. To avoid that situation, CARRA has made a guide available to its clients, which provides helpful instructions for each of the forms, as well as a checklist in the "Application for buy-back" form.
CARRA invites its clients to visit the Keep an eye on section for information on the operation to refund contribution overpayments for 2010.
The 2012-2015 strategic plan reveals CARRA’s main challenges, which will determine its actions in the next four years.
For more information, see the page devoted to the strategic plan.
Given the amendments to Bill 58, the deadline in the transitional provision, concerning the various agreements, contemplating the transition between work and retirement, that can be entered into between an employee and an employer, particularly a phased departure agreement for members of the Pension Plan of Management Personnel (PPMP) should increase from 60 to 90 days, provided the bill is assented to. (Details)
In order to speed up the payment and confirmation of pensions of new pensioners, whose numbers are steadily increasing, CARRA has revised the cheque production and mailing schedule.
CARRA wishes to advise those who receive their pension by cheque that, beginning July 15, 2012, their pension cheque will be mailed on the 15th of each month (or the preceding working day). Consequently, if you wish to continue receiving your pension by cheque, please allow several days for delivery. Note that the date as of which the cheque can be cashed, i.e. the 15th of each month, remains unchanged.
Direct deposit: a secure, confidential and eco-friendly
choice
To ensure the automatic deposit of your pension on the 15th of each month and avoid the delays in having to cash your cheque, while promoting sustainable development, we suggest you sign up for direct deposit.
La nouvelle édition du Guide d’administration RREM est maintenant disponible. Elle prend en compte, notamment, les modifications législatives apportées au RREM ainsi que les données relatives au RREM et à la Régie des rentes pour l’année 2012. De plus, elle présente des modèles de règlement applicables à la situation d’une municipalité.
La mise à jour de ce guide intègre les informations contenues dans les lettres aux dirigeants des municipalités et des organismes supramunicipaux et le communiqué-retraite RREM diffusés jusqu’en décembre 2011.
Le Guide se trouve dans la section Documentation > Publication pour les employeurs.
La nouvelle édition du Guide d’administration est maintenant disponible. Elle prend en compte, notamment, les modifications législatives apportées aux régimes de retraite, les données relatives aux régimes de retraite et à la Régie des rentes pour l’année 2012 ainsi que le nouveau relevé du participant.
La mise à jour de ce guide intègre les informations contenues dans les communiqués-retraite diffusés jusqu’en décembre 2011.
Le Guide se trouve dans la section Documentation > Publication pour les employeurs.
Members and beneficiaries of the Pension Plan of Management Personnel (PPMP) can now read the latest issue of The PPMP at a Glance. The newsletter informs them on the new contribution rate, the return on the members’ fund for 2011, projects underway in relation to the proposed amendments to the PPMP, and the new member’s annual statement.
The newsletter is found under Documentation > For members > The PPMP at a Glance.
Appointment of members of CARRA’s board of directors
(2012-03-23)
On March 21, the Cabinet proceeded to make the following appointments:
CARRA wishes to thank Mr. Lafrance and Mrs. Gagné for their commitment and contribution throughout their mandate.
For more details, click on "The board of directors".
CARRA posts the rate of return of the PPMP Fund for 2011.
CARRA posts the rate of return of the PPEMO Fund for 2011.
CARRA posts the rates of return of the RREGOP, Special Plans and RPCHCN funds for 2011.
The unveiling of the rates of return of the plans administered by CARRA comes on the heels of the February 23 news that the Caisse de dépôt et placement du Québec achieved an average rate of return of 4% in 2011.
The rates of return of the PPEMO and the PPMP funds will be published soon.
Bill 58, which was tabled in the National Assembly on February 22, 2012, contains, among other things, a transitional provision regarding the various agreements for the transition between work and retirement that can be entered into between an employee and an employer, particularly a phased departure agreement for members of the Pension Plan of Management Personnel (PPMP). (Details)
