Tuesday, October 13, 2009

Province-wide Teachers' Pension Plan Consultative Process

Greetings, Colleagues in Retirement,



The British Columbia Teachers' Federation and British Columbia Retired Teachers' Association are conducting province-wide consultation meetings, throughout the Fall, for Teacher Pension Plan (TPP) members. All TPP members are urged to attend the meeting, in their area, to learn more about the future of and possible changes to the Inflation Adjustment Account (the indexing portion of the pension). This will be a very important opportunity to not only learn about the various scenarios being put forward to help address the possible shortfall in the Inflatin Adjustment Account but, also, to give your views.

The Consultation meeting for both working and retired teachers, in our area, will be held on Monday, October 19, 2009 from 4:00 to 6:00 p.m. at The Ballenas Secondary School Auditorium , 135 North Pym Street, Parksville.

(** Please note that the online schedule says the Consultation meeting is from 3:45 to 5:45 p.m. but I have been advised by Jill McCaffery, MATA President, that it will be from 4:00 to 6:00 p.m.)

Information regarding the Inflation Adjustment Acount can be found on the BCTF website at www.bctf.ca and clicking on the appropriate link or at http://bctf.ca/SalaryAndBenefits.aspx?id=19748

The link provides:
- General information on the BCTF pension consultation with updated schedules
- Pension Consultation meeting schedule, in PDF document, that includes the entire BCTF power point presentation
- Your Pension: The future is worth thinking about, in PDF document, that summarizes the BCTF pension presentation
- Presentation overview, in PDF document, on background pension information
- How the Teachers’ Pension Plan works, in PDF document
- Questions and answers, in PDF document, with definitions
- Glossary
- Register YOUR opinion:Go to the survey (**Please note: It is recommended that one complete the survey once one has attended the meeting so that one has the clearest understanding of each survey question).

Please make every effort to attend this important meeting and to give your input into our future, as retired teachers.

Hope to see you there!
Valerie Dyer
PQRTA President, 2009-10

*******
With warmest regards,
TVD

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