Pension Programs
SiPP
School boards may enroll in the ASBA’s registered, Supplemental Integrated Pension Plan (SiPP) if they choose to offer senior employees enhanced pension benefits. The ASBA governs the plan. Actuarial and administrative services are provided by Morneau Shepell.
Learn more about SiPP here: SiPP at a Glance
COVID-19 Update – Your Pension Is Secure
With the COVID-19 situation resulting in significant volatility in financial markets, many people are concerned about their financial well being. As a member of the ASBA SiPP, you can be rest assured that your SiPP pension remains secure. The SiPP is a defined benefit (DB) pension plan, which means the pension paid for your lifetime is calculated based on your earnings and eligible service (subject to maximum pension limits). Your SiPP pension is not affected by fluctuations in the financial markets and will provide you with a secure and predictable retirement income for life.
SiPP Governance Board Representatives
Sheri Wright, Chair
Trustee, St. Albert Public Schools
Dwight Wiebe, Vice-Chair
Trustee, St. Paul Education Regional Division
Allan Kallal
Associate Superintendent Business & Finance, Fort McMurray Public School Division
Antonia Stiuca
Finance Manager, ASBA
Key contacts
Questions about enrolling in SiPP
ASBA
1.780.482.7311
Questions about your current plan
Kevin Smiley, FCIA, FSA
Consulting
1.778.327.5386
Brendan Engle
Consulting & Administration
1.604.449.6205
Tammy Tsui
Administration
1.604.449.6207
Or by email at: asbapension@morneaushepell.com
Mailing address
Morneau Shepell
Suite 400, 411 Dunsmuir Street
Vancouver BC V6B 1X4