System Maintenance on Sunday
All online services will be unavailable for a period of time between 6:00 a.m. and 10:00 a.m on Sunday, August 1 to allow for scheduled maintenance.
We are back! You can now book one on one meetings with our pension professionals. SHA mask and safety guidelines will be followed. Our reception is open for the pick up and drop off forms. Thank you for your patience as we navigate these changes.
The Public Employees Pension Plan
PEPP is a defined contribution pension plan. Your contributions and your employer’s contributions, plus any return on investment, will be used to provide you with income based upon the account balance you have built, when you retire. Your account balance is the number of units you have in each fund multiplied by the current unit value for each fund.
Are you invested in either the PEPP Conservative Fund or PEPP Bond Fund? Knowing these two funds have seen negative returns in recent months, we want to explain why this happens from time to time.
Both the Conservative Fund and the Bond Fund invest heavily in fixed income assets. That’s why these funds tend to appeal to members who: 1) see capital preservation as a priority and, 2) have a low tolerance for equity risk. Also, these funds typically see relatively low returns and price fluctuation.
Walking the risk tightrope
As with any investment, each PEPP investment option has some level of short-term and long-term risk associated with it, including these two funds.
The difference between the…Read More