Pension

For employees of MB churches and organizations 

Special Announcement! This October, the CCMBC Pension Plan is moving to Canada Life!

On behalf of the CCMBC Pension Advisory Committee, we are pleased to announce that the CCMBC Pension Plan is moving to Canada Life this October 2024.

At CCMBC, we are committed to offering enriching benefits, including a pension plan that is designed with your best interests in mind. This includes providing good investment choices, low fees, and flexible service. And now, we’re looking to honour this ongoing commitment alongside our partners at Canada Life and Fidelity Investments Canada.

Click HERE to learn more about these upcoming changes.

CCMBC & Canada Life - Plan 76795 Information Session

On September 10, 2024, Canada Life and CCMBC hosted an information session and webinar designed to help you learn more about the upcoming pension plan transition and details about your plan. We had 72 active employees register and 55 who attended. A big thank you to all of those who attended and engaged!

If you missed the session, don't worry! You can watch the recording HERE.

Pension at a Glance

For employees of MB churches and organizations

The pension plan is a defined contribution plan, totally funded during employment. Benefits vary according to the amount contributed and earning of investments.

Pension contributions are calculated at 5% of gross earnings (including housing allowance and excluding car allowance). This amount is matched by the employer.

Vesting rights (ownership of funds) are 100%. Pension withdrawals may begin as early as age 55 subject to retirement.

For more information, please review the Pension Guide included on this page. The application form for the CCMBC Pension Plan is available here for download.

To speak to someone from our office about your Pension, please contact:

Canadian Western Trust (CWT) serves as pension plan trustee.

The above details are only a summary and the policy document will prevail if there are any discrepancies. While these plans are subject to change without notice, we will make every effort to provide notice where possible.