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The Saskatchewan Pension Plan is expanding its variable benefit option to all retiring plan members across Canada. The option, which was previously only available to Saskatchewan-based plan members, allows for continued investment choice and income flexibility, according to a press release, which noted members who opt for the variable benefit can consolidate funds by transferring […] ....
The province announced the removal of the cap on contributions made towards the Saskatchewan Pension Plan as members acknowledged the cap as a barrier. ....
Shannan Corey will succeed Katherine Strutt as the executive director of the Saskatchewan Pension Plan. A 30-year veteran of the pension sector, Corey most recently served as the founder and CEO of Corey HR Consulting and as a board director of the Saskatchewan Teachers’ Federation’s pension and benefits board. Previously, she was a board vice-president at the Co-operative Superannuation Society pension plan, a director of total rewards at Federated Co-operatives Ltd. and was a senior consultant at Aon for 24 years. Strutt, who has held the top job at the pension fund since 1990, will retire at the end of June. ....