New Brunswick Teachers’ Pension Plan
10 YEARS OF THE NBTPP: The Board of Trustees held this year’s Annual Information Meeting on October 9, where they spoke to the history of the Plan, where it is today, and the outlook for the future. View a recording of the meeting here.
They also announced the indexing adjustment benefit, or cost of living adjustment, that will be provided to all Plan members as of January 1, 2025. See the Indexing Adjustment Benefit section below for more information.
NBTPP 2023 ANNUAL REPORT
View the NBTPP 2023 Annual Report here. You can also view the interactive version of the Annual Report in the window below (the option to view full screen should be visible at the bottom right of the window).
Applying for your pension is easy, but it’s important that you understand the process and timeline. The video below provides an overview of the necessary steps.
Additional information is also available here: Life Events: Planning for your retirement.
Planning for Retirement ChecklistPension Estimate FormTermination | Retirement FormHow your Indexing Adjustment Benefit is calculated by your Plan’s actuary is explained in these resources.
Explaining the Cost of Living/IAB Increase – January 1, 2025 (NBTPP)Explaining the Cost of Living/IAB Increase – January 1, 2024 (NBTPP)Explaining the Cost of Living/IAB Increase – January 1, 2023 (NBTPP)Explaining the Cost of Living/IAB Increase - January 1, 2022 (NBTPP)Explaining the Cost of Living/IAB Increase - January 1, 2021 (NBTPP)Explaining the Cost of Living/IAB Increase - January 1, 2020 (NBTPP)Explaining the Cost of Living Increase - January 1, 2019 (NBTPP)Wonder how your pension could be affected by times of transition in your life? Easily find the information you need in our Life Events section. Navigate through it based on what stage of your life you are in. It’s divided into the following sections:
- Welcome to the Plan
- Returning from a Leave of Absence
- Ending a Spousal Relationship
- Leaving your Employment
- Planning for Retirement
- Welcome to Retirement
- Death of a Member
Click on the link below to experience it for yourself.
Life Events and Your PensionAbove you will find a video version of the Employee Presentation which is usually carried out in person by Vestcor’s Member Services Team. It is separated into the following topics:
- Governance of the NBTPP
- NBTPP Pension Contributions
- Vesting Under the NBTPP
- Benefits Accumulated Under the NBTPP
- CPP Integration and Your NBTPP Pension
- What Can Impact Your NBTPP Pension Amount?
- Keeping Track of Your NBTPP Pension Benefit
- Forms of Pension Under the NBTPP
- Schedule of NBTPP Pension Payments
- NBTPP Benefits Payable Upon Termination or Death
- Other Provisions That May Impact Your NBTPP Pension
- Thinking About Retiring as an NBTPP Member
If there is a specific topic that you are interested in, hit play on the video above, then skip ahead using the controls that appear in the bottom left corner. You can also click on any of the topics listed.