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BUILD - Summer 2021 Newsletter

September 07, 2021

"What is in store for Canada and the Construction Industry?"  It has been over a year since the start of the COVID-19 pandemic, and with the increasing vaccine coverage, a cautious optimism is finally starting to grow.  High uncertainty remains a concern for the world economic outlook primarily because the future path of the pandemic is not known because of evolving new virus mutations.  Countries around the world continue to be impacted very differently depending on how well the country has faired in the battle between the virus and vaccines, and the effectiveness of each country’s approach to economic policy.  Find out more by logging into AccessLPF to read this article and many others on the Publications page."

BUILD - Winter 2021 Newsletter

January 07, 2021

"Out of Chaos Comes Opportunity.  Get to Know The Uniform Formula Benefit.  Your pension benefit formula is changing starting January 1st, 2021.  What was once a complicated benefit formula, with multiple components, is now streamlined into a simple Uniform Formula.  Previously, contributions were divided among New Formula, Old Formula and Special Deficit Funding contributions.  This made it difficult to understand and calculate, so with the Uniform Formula Benefit, all of your contributions go towards earning benefits.  Find out more by logging into AccessLPF to read this article and many others on the Publications page."

BUILD - Summer 2020 Newsletter

September 07, 2020

"Life You Say?  As a member of the Labourers' Pension Fund (LPF), upon your retirement, you will receive a pension every month for the rest of your life.  You can depend on it.  As you work, you earn an additional amount of monthly pension which is paid for by the contributions remitted on your behalf.  Each year you can find how much pension you have earned, or accrued, by looking at your annual pension statement.  You will have both a great pension plan and an insurance plan whereby you don't have to worry about your account running out of money.  Who wouldn't want more security for your entire family?"  Find out more by logging into AccessLPF to read this article and many others on the Publications page.

BUILD - Winter 2020 Newsletter

January 13, 2020

"Life You Say?  As a member of the LiUNA Pension Fund (LPF), upon your retirement, you will receive a pension every month for the rest of your life.  You can depend on it.  As you work, you earn an additional amount of monthly pension which is paid for by the contributions remitted on your behalf.  Each year you can find how much pension you have earned, or accrued, by looking at your annual pension statement.  You will have both a great pension plan and an insurance plan whereby you don't have to worry about your account running out of money.  Who wouldn't want more security for your entire family?"  Find out more by logging into AccessLPF to read this article and many others on the Publications page.

BUILD - Summer 2019 Newsletter

September 01, 2019

"Retirement Ready?  For many of us, retirement is too far off to worry about.  We've got bills, mortgages and kids staying at home with us longer than ever before.  For those of us that are starting to think about retirement, we are wondering when we will be able to retire, where our income will come from, and wishing we had started thinking about it long before now.  So, when is the right time to start planning for retirement, and what do you need to know?"  Find out more by logging into AccessLPF to read this article and many others on the Publications page.

BUILD - Winter 2019 Newsletter

January 01, 2019

"A recent pension survey confirmed just how good our pension plan really is.  The level of pension provided by the LPF is among the highest of all multi-employer pension plans (MEPPs) in Canada!  The survey identified LPF pensions in the top 5% of all plans surveyed - that means that 95% of trade workers have lower pension benefits than you.” Log in to AccessLPF to read more on the Publications page.

BUILD - Summer 2018 Newsletter

September 01, 2018

"Highlights for the 2017 year",”Economic Update – The Canadian Economy is Growing and Wages are Up – Will Increasing Interest Rates and Donald Trump Spoil the Party?", "Plan Direction Positive, Legislation Direction Unclear". Please log in to AccessLPF to read these articles and more on the Publications page

BUILD – Winter 2018 Newsletter

November 01, 2018

"New Rules For Pensioners That Return to Work – Effective January 1, 2018, the Return to Work provisions will be amended. The priority for the Board of Trustees is to manage the LPF by making decisions that are in the best interest of our members. Our first priority is to provide you and your family with benefits that can be relied upon in your retirement and to maximize the pension benefits payable.” Log in to AccessLPF to read more on the Publications page.

BUILD - Summer 2017 Newsletter

September 01, 2017

"Every so often the Ontario government does a review, or housecleaning, of its rules relating to pension plans. In June, they did just that. Ontario will be introducing a new regulatory framework for multi-employer pension plans (MEPPs). Since the LiUNA Pension Fund (LPF) is a multi-employer pension plan, the new rules will affect us.” Log in to AccessLPF to read more on the Publications page.

BUILD - Winter 2017 Newsletter

January 01, 2017

"As the largest private sector Multi-Employer Pension Plan (MEPP) in Canada, the LiUNA Pension Fund of Central and Eastern Canada is fortunate to have many investment opportunities that smaller plans do not have." Log in to AccessLPF to read more on the Publications page.

BUILD - Summer 2016 Newsletter

September 01, 2016

“Change is the law of life and those who look only to the past or present are certain to miss the future.” John F. Kennedy. As a pension plan member, what keeps you awake at night? What is most on your mind?" Log in to AccessLPF to read more on the Publications page.

BUILD - Winter 2016 Newsletter

January 01, 2016

"By now you’ve heard a lot about the LiUNA Pension Fund (LPF) and the pension it can provide you, but how good is it, really? Where does it stand in relation to other pension plans, or other retirement savings strategies?" Log in to AccessLPF to read more on the Publications page.

BUILD – Summer 2015 LPF Newsletter

August 01, 2015

"Every now and then the plan provisions of the LiUNA Pension Fund get updated for various reasons, including revisions, required as a result of changes in legislation, new or previous changes to the plan terms, or sometimes just to clean up the language to make it easier to read and administer."  Log in to AccessLPF to read more on the Publications page.

BUILD – Winter 2015 LPF Newsletter

February 01, 2015

"Understanding the nuts and bolts of your pension plan is important! What can you expect to receive when you retire? What about if you leave the plan early? Are death benefits included? This article will help you to better understand how your pension works by answering these questions, as well as providing some real-life examples." Log in to AccessLPF to read more on the Publications page.

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