Your member statement for the year ending December 31, 2020 were mailed to you at the end of March. Please view the applicable video below to get a better understanding of how to read your member statement.
COVID UPDATE - MEMBER SERVICES BY PHONE ONLY
Our Pension Information Officers and Certified Financial Planners would be very pleased to assist you by phone. Our reception area on the main floor will remain open for drop off and pick up of forms. We thank you for your understanding as we continue to provide you with the best possible customer service in this challenging time.
The Municipal Employees' Pension Plan
MEPP is a defined benefit pension plan administered by PEBA. MEPP provides retirement benefits to the employees of school divisions, urban and rural municipalities, regional colleges, regional public libraries and other local authorities within the Province of Saskatchewan.
Report on the Review on the Composition of the Municipal Employees’ Pension Commission
The purpose of the review was to examine the current composition of the Commission and other administrative matters associated with the operation of the Commission and did not include an examination of contribution levels or consideration of the benefits provided by the Municipal Employees’ Pension Plan.
Consultations were held with stakeholders, including pensioners, through the summer and into the fall of 2020. The final report including recommendations was provided to the Minister of Finance in January 2021.
The Minister of Finance has reviewed the report and has responded to Mr. Griffith's recommendations. The Minister’s response and a copy of the report are being made available. To read the letter and report click on the corresponding images.
Did you know that every registered pension plan must have an investment policy in place like MEPP’s SIP&P? And no, we’re not talking about wine and bathroom breaks. There’s a lot at stake when it comes to administering a pension fund like MEPP. And, to do so properly, MEPP has a Statement of Investment Policies and Procedures in place.
The main purpose of MEPP’s SIP&P is to provide a framework for managing the pension fund’s assets. And with the Fund nearing three billion dollars – yes, that’s billion, managing the Fund in a responsible and strategic way is critical. More so because it’s…