GreenShield has advised that their union represented employees have voted in favour of a new, 3-year collective agreement with Green Shield Canada.
The GreenShield contact centre will reopen on Monday, April 22, however, it is anticipated that call volumes may be higher than usual at this time.
GreenShield continues to encourage members to use the fully operational online services, including Web, mobile, providerConnect and all real-time submissions from pharmacies and dental offices. For support checking your coverage online, please visit their self-service page.
GreenShield’s self-serve phone system is available via the call centre number, 1-888-711-1119, to:
If you have any questions, please email the Benefits Centre at Benefits@united-church.ca
GreenShield's collective agreement with Unifor expired on Friday, March 1, leading to a strike. GreenShield has activated its contingency plan to ensure essential services continue during the strike.
GreenShield remains optimistic that a settlement can be reached through constructive and focused discussions.
Online services, including claim submissions, continue to be available and are not impacted by the Unifor strike, and there will be no interruption to the health and administrative services that GreenShield provides.
The GreenShield contact centre is closed during the strike, but you will still be able to use GreenShield’s online services or their self-serve phone system depending on your needs. Since 94% of claims are submitted online, online service claims continue to be processed; other online services that most members rely on also remain available with minimal disruption.
GreenShield’s self-serve phone system is available via the call centre number, 1-888-711-1119, to:
GreenShield encourages members to use the fully operational online services, including Web, mobile, providerConnect and all real-time submissions from pharmacies and dental offices.
If you have any questions, please email the Benefits Centre at Benefits@united-church.ca
Amid widespread reporting about the risks of artificial general intelligence, Alphabet (formerly Google) shareholders voted on June 2 on a proposal, filed by SHARE on behalf of the Pension Plan of The United Church of Canada, requesting third-party scrutiny of the company’s targeted advertising system.
The proposal calls for the company to undertake a human rights impact assessment and states the growing concerns surrounding Alphabet’s advertising infrastructure’s heavy reliance on technology, including artificial intelligence, which has not been subject to a robust human rights due diligence process. This kind of assessment would identify, address, and prevent the potential adverse human rights impact of targeted advertising technologies.
“Alphabet’s targeted advertising business represents about 80% of the company’s revenue, which means that until a rigorous assessment is done, its shareholders are exposed to a litany of regulatory, legal and reputational risks,” said Sarah Couturier-Tanoh, Associate Director Corporate Engagement and Advocacy at SHARE. “Ultimately, the lack of clear oversight puts investors’ long-term value at risk.”
Proxy advisory firms Glass Lewis and Institutional Shareholder Services, and large U.S.-based pension funds CalPERS, CalSTRS, New York City pension funds, and Norges Bank all agreed with SHARE’s perspective on the matter.
The proposal received 47% support from independent shareholders and 18% overall. The sharp difference between these two figures is explained by the multi-class stock structure conferring 10 votes for 1 share held by Alphabet’s management. SHARE opposes multi-class stock structures as a general principle of good corporate governance.
While our shareholder proposal ultimately did not pass, the nearly 50% support of independent shareholders is a strong signal to Alphabet management that there is great concern about, and now scrutiny of, their targeted advertising system. Often corporate engagement is a process of incremental gains requiring persistence. Persistence is something that the Pension Fund of The United Church of Canada has in abundance when it comes to investing responsibly!
Summer has arrived, and our Employee Assistance Program (EAP) offers a variety of summer-themed resources to support your mental health.
Resources you can download include:
You can also download the Employee Assistance Program (EAP) resource guide here.
For more information, please visit www.lifeworks-learning.com/?sfid=787&_sf_s=self%20care&_sft_audience=employeesrkplace Learning (lifeworks-learning.com).
Annual member statements for the 2022 plan year will be issued to active, deferred, and retired members of the pension plan at the end of June 2023.
Remember that if you have a spouse they will automatically receive any pre-retirement death benefit as per pension legislation. However, you should also designate a beneficiary in case your spouse pre-deceases you.
If you need to declare a spouse or designate a beneficiary, please scan the QR code to fill out the secure form that will be submitted directly to the Benefits Centre. If you have not received your statement, please contact pension@united-church.ca to ensure the address on file is correct.
If you have not begun receiving your pension, the statement will contain a box that looks something like this:
Your Pension | Your Future |
FOR EVERY YEAR YOU PARTICIPATE IN THE PENSION PLAN YOU INCREASE YOUR RETIREMENT INCOME | $XX,XXX
THE AMOUNT YOU HAVE EARNED ALREADY |
IN 2022, YOU EARNED
$X,XXX THIS IS ADDED TO THE ANNUAL PENSION YOU’VE ALREADY EARNED |
+ XX,XXX
YOUR PROJECTED ANNUAL PENSION TO AGE 65 |
+ 15,679
MAXIMUM C/QPP BENEFITS (in January 2023)
|
|
+ 8,292
MAXIMUM OAS BENEFITS (April to June 2023) |
|
= $XX,XXX
YOUR TOTAL ANNUAL PENSION EARNED TO DECEMBER 31, 2022 |
= $XX,XXX
YOUR ESTIMATED ANNUAL RETIREMENT INCOME (excluding other employer pensions or personal savings) |
THE AMOUNT YOU HAVE EARNED ALREADY - is calculated based on your pensionable earnings and years of credited service.
YOUR PROJECTED ANNUAL PENSION TO AGE 65 – is an estimate based on the assumption that you continue to work in the same job category until you reach age 65. If you stop working before that, or if your pensionable earnings change, this amount will also change.
MAXIMUM C/QPP BENEFITS – The amount shown as an example on your pension statement is the maximum amount payable under the Canada Pension Plan. Not all Canadians receive the maximum possible payout from the Canada Pension Plan. Please note that the average annual amount of CPP paid to new recipients in 2022 was $8,433.
In order to determine your personal benefit under the Canada Pension Plan, you can request a Personal Access Code (PAC). You can use this code to register for My Service Canada Account, which will provide access to your personal record of contributions and benefits earned under the Canada Pension Plan.
MAXIMUM OAS BENEFITS – Old Age Security is a pension you can receive if you are 65 years of age or older and have lived in Canada for at least 10 years. The amount you receive depends on your income and how long you lived in Canada or specific countries after the age of 18. If your net income (line 23600 of your income tax return) exceeds an income threshold ($79,845, for 2023) you have to repay some or all of your OAS pension.
When planning for retirement, all of these sources of income, as well as your personal savings and any pension from previous employers should be considered. We recommend that you consult with a financial planner to help with the financial aspects of your retirement planning.
As we approach Pride Month, we want to emphasize our commitment to inclusivity and support for our LGBTQ+ employees and their loved ones. Our Employee Assistance Program offers a range of resources, including:
Please click here to learn more about our Respect, Diversity, and Inclusion Programs.
Download your resources here!
Download your resources here! (Zip file)
We are pleased to announce that the United Church of Canada (UCC) Pension Plan emerged as a top contender in the 2022 Pension Leadership Awards. The plan's Pension Fund Manager, Derek Hurst, was nominated for the Investment Officer of the Year award.
Although the UCC Pension Plan was a finalist in its category, the Canadian Broadcasting Corporation Pension Plan ultimately won the award.
This is not the first time the UCC Plan has been recognized for its outstanding achievements. At the 2021 Pension Leadership Awards, the plan was shortlisted for its investment practices under the Sustainable Investing Award category with the Canada Pension Plan Investment Board and British Columbia Investment Management Corporation.
The Investment Officer of the Year award is presented to an Investment Officer who has demonstrated leadership when it comes to pension investing and made demonstrable improvements to their organization’s investment process. Environmental, social and governance factors are also taken into account.
For more details, visit www.benefitscanada.com/microsite/microsite-cir/pension-leadership-awards-2022/winners-and-finalists/.
This reminder is a follow-up to notices shared late last year and earlier this year with community of faith treasurers and administrators, as well as ministry personnel, about changes to the regional cost of living group assignments. A copy of the letter shared with treasurers and administrators is in the Downloads section at the bottom of the Ministers’ Salary Schedule and Cost of Living Groups webpage.
These changes will be effective for the pay period beginning July 1, 2023, and apply to the balance of the year. You can find the revised cost of living group assignment data in the Downloads section as well.
If your regional COL group assignment has moved up, your ADP administrator will need to update the minister’s salary in TeamPay or inform ADP of the new salary amount for the pay period beginning July 1.
Salaries for ministry personnel serving in locations where the regional COL group assignment has been adjusted down will be maintained as per the terms of the appointment or call. This includes those whose appointments renew. This means that if the pastoral charge is in a lower cost of living group, the current minister’s salary may not be reduced. It will remain subject to the annual economic adjustment to minimum salaries or as defined in the terms of appointment or call.
There is no change to the COL group for 45 percent of communities of faith. Thirty-nine percent of communities of faith have stepped up one group. Sixteen percent have stepped down one group. These changes reflect regional differences in the costs of housing, property and provincial income taxes, utilities, and goods and services.
As a plan member, you can now submit your claims from your phone using the GSC everywhere app. The app gives you 24/7 access to your benefits and includes features such as
For more details, visit the Mobile App page on the GreenShield website.
GSC recently announced its new brand identity and the release of its integrated platform.
GSC will now be called GreenShield. As a member of our benefits plan, there should be no changes to your claims experience. All providers will recognize the new name, and your experience will remain the same.
GreenShield plans to release its integrated platform at the beginning of 2024. Details will be provided as they become available.
Should you have any questions or concerns, please get in touch with the Benefits Centre at benefits@united-church.ca.