Take out your pens and circle Thursday, February 20th on your calendar for Ontario’s Pension Awareness Day! Here at TEIBAS we always say it’s never too early to plan for retirement. Understanding your pension plan is key to having a retirement plan in place to protect your future. The third Thursday of February marks a day launched by Ontario’s pension regulator, the Financial Services Regulatory Authority of Ontario (FSRA), to recognize the value of a pension.
Take the time on Thursday, February 20th, to learn more about your pension plan and the benefits it will provide you in retirement. Watch a short video about your pension plan by clicking here or get retirement ready by watching “It’s Never too Early to Start Planning for Retirement” or the “The Three Pillars of Retirement”. All these videos and more are on our YouTube channel @myteibas and are posted on our video library on teibas.com. Subscribe to our YouTube channel @myteibas to learn more about your IBEW Local 353 Pension Plan and how it works.
Your IBEW Local 353 Pension Plan may become one of the most valuable assets you will ever have, and it’s for life! Your pension grows with each hour you work for an IBEW Local 353 contractor that is required to submit pension contributions under your collective agreement. It keeps growing with each hour you work. Then when you retire, your pension pays out for the rest of your life. Read more about the ins and outs of your pension plan in your IBEW Local 353 Pension Plan Booklet here.
New to the IBEW Local 353 or need a refresher on your Pension & Benefit Plans? Sign up for one of our Pension & Benefits webinar by emailing members@teibas.com.
Thinking of retiring? Read our retirement planning guide to get started and have your retirement checklist ready. Bring them with you when you sign-up for our Pre-Retirement webinar or seminars at members@teibas.com.
Remember, when you’re ready to retire your pension plan will be there to help you live a more comfortable life. And the more hours you work, the more contributions your employer makes, the bigger your pension is going to be.
Plan today. Enjoy tomorrow. To learn more about Pension Awareness Day visit FSRA’s website at https://www.fsrao.ca/.
Questions? We’re here to help! You can also email us at members@teibas.com or call us at 416-637-6789, (toll-free 1-800-267-0602).