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Pension Administration Outsourcing Project (PAOP)
Announcement of Morneau Sobeco Contract Extension The contract with
Morneau Sobeco (MS) to provide RCMP pension administration services has
been extended to cover the three-year period from April 1, 2010 to March
31, 2013.
The contract extension ensures that serving RCMP members, pensioners
and survivors will continue to receive a consistent level of service
while the Pension Administration Outsourcing Project (PAOP) oversees all
aspects of the transition to Public Works and Government Services Canada
(PWGSC).
Starting on April 1, 2013, PWGSC is scheduled take over the delivery of
RCMP pension administration services. Through PWGSC, serving members,
pensioners and survivors will benefit from access to specialists with
extensive knowledge of public sector pensions. The new arrangement will
also take advantage of new technologies while providing long-term
stability.
It's important to understand that the transfer to PWGSC involves the
administration of pension services, and not the investment of the funds
themselves.
If you're a serving regular or civilian member, there will be no change
to your pension contributions as a result of the transition to PWGSC in
2013.
If you're an RCMP pensioner or survivor, the amount and frequency of
your payments will not change when PWGSC takes over the administration
of your plan.
For more information on the Pension Administration Outsourcing Project,
please contact Chantal Pethick, Acting Director, at (613) 993-1451, or
via email.
Derek Johnston
Communications Specialist / Spécialiste en communications
Pension Administration Outsourcing Project (PAOP) / Projet d'impartition de l'administration des pensions
(613) 837-3377
(mobile) 794-1876
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