The Cost of Living Adjustment (COLA) on Bell Canada's pensions is based on the increase in the Consumer Price Index (CPI) over a 12 month period ending on October 31 of each year.
For pensioners under 65 years of age, this number is rounded to the nearest whole number, to a maximum of 2%.
For pensioners 65 years and over, the rule of our pension plan states that the COLA should be the greater of :
-100% of the increase in the CPI (rounded to the nearest whole number), to a maximum of 2%
-60% of the increase in the CPI (rounded to the nearest two decimal points), to a maximum of 4%.
On November 18, Statistics Canada released the CPI data for the last twelve months. According to Statistics Canada, the CPI rose 0,7% between October 2019 and October 2020 for Canada as a whole.
Based on this, the Cost of Living Adjustment on our Bell Canada pensions should be 1% in 2021. The increase will appear on the January pension payment.
Get ready to join the world's biggest conversation about mental health on Bell Let's Talk Day, January 28!
The Cost of Living Adjustment on Bell Canada's pensions should be 1% in 2021.
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See the minutes, all the presentations along with the new Board of Directors. Click on "Read more" below.
We are looking for a volunteer willing to help us with our internal documents and storage on our repository.
Please note that from now on, this premium will be adjusted in January of each year rather than in July.
The company announced today it will be waiving residential Internet overage fees until January 4
With the pandemic and its consequences (e.g. mail delay), it is recommended that you submit your Health Care Program claims to ManuLife online.
In presenting its 1Q2020 results on May 7, 2020, BCE noted that the solvency ratio for the Bell DB pension plan declined from approximately 101% at the end of 2019 to approximately 100% at the end of March, 2020.
Should BPG members be worried about their Bell pensions under current circumstances? The answer is no.
On February 21, 2020, the appeal court rendered its decision which allowed the appeal and awarded judgment to the class action plaintiffs on behalf of all members of the class.
Bell had 60 days from the date of the Ontario Court of Appeal's decision to apply for leave to appeal to the Supreme Court of Canada. We understand that Bell has sought an extension to this deadline of an additional 60 days.
On Bell Let’s Talk Day, Canadians and people around the world joined in to help create positive change for people living with mental health issues.
The Cost of Living Adjustment on Bell Canada's pensions should be 2% in 2020.
What is your BPG membership fee used for? Here is another example.
Do you know your Board members?
In readiness for our AGMs (annual general meeting) of the BPG members, please consult the 2018 Financial Statements on the website. We hope to see you at your upcoming AGM.
The Cost of Living Adjustment on Bell Canada's pensions should be 2% in 2019.
The BPG Board of directors held its bi-annual meeting in Ottawa
Is there a pension-related term that you aren’t sure about? Why not consult our Glossary?
Class Action Regarding 2017 Pension Indexation
With pension plans so much in the news recently, we thought some of you might have additional questions, so we prepared a short Q&A document.
The BPG Board of directors held its bi-annual meeting in Montreal on April 26th & 27th 2018.
Did you know that the Federal Government does not have a Minister dedicated to Seniors’ issues?
A Bell pensioner has commenced a class action on behalf of all Bell defined benefit pensioners.
The Cost of Living Adjustment on Bell Canada's pensions should be 1% in 2018.
January 20, 2016 - Effective January 1, 2016 your Manulife contract numbers have changed. You should have received a new card in the mail
August 12, 2015 - Peter Dilworth, Sue Dawes (substitute), Michel Doyon and Yvan Dutrisac (substitute) are the PIC representatives for 2016-2018.
Every month you receive a payment covering your Bell pension. Have you ever wondered what backs up these payments, and what steps have been taken to make sure the payments keep coming? This article covers some of the basics of the Bell Canada defined benefit pension plan.
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The In Touch newsletter is published three times a year, in March, June and October. Do you have difficulty receiving it?
October 3rd, 2013 - Since June, the Bell Pensioners’ Group includes pensioners from Télébec, Télébec Mobility and BCE as well as active employees from Bell/BCE companies.
May 9, 2014 - With the price of stamps going up, imagine how much it will cost to send BPG newsletters to thousands of members every year. Subscribe to our electronic distribution list to obtain your newsletters by email.
May 9, 2014 - BPG now has its Facebook page to increase its visibility and, foremost, to make itself known to non-members.