.: CEP-603 Benefits Pensions
Our Pension Plan
The Pulp and Paper Industry Pension Plan is
designed to provide retirement income to employees in the
pulp and paper industry.
Recent events have increased the uncertainty
and volatility in all markets and will no doubt result in
you wondering about the security of your pension. The majority
of the Pulp and Paper Industry Pension Plan's (the "Plan")
assets are invested in high quality bonds in the Canadian
market. Although a small portion of the assets are invested
in the stock market, the Plan's assets have been virtually
unaffected by the recent declines in global equity markets.
The Trustees are confident that the assets in the Plan are
more than sufficient to cover current pensions and the accrued
obligations for all active and terminated vested participants.
The
Pension Model is linked to your personal pension information
and will calculate pension estimates for you for different
situations, such as at various retirement dates, at different
percentages of full time work in the future, and whether or
not you have a spouse at retirement. You can also generate
pension estimates that are based on either your current earnings
and benefit rate or on your projected earnings and projected
benefit rates.
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