Skip to Main Content
Search

2021 Highlights for Members

This week we are proud to publish our 2021 annual “Highlights for Members” report. The report includes an overview of WISE Trust’s yearly performance for current, retired and deferred members.

As of December 31, 2021, the plan was 100% funded with $4.2 billion in net assets. In 2021, we also selected a new Strategic Asset Allocation for implementation starting in 2022 to support our investment objectives in the coming years.  

Key Highlights from 2021

Data as of December 31, 2021  

$4.2B net assets  

100% funded ratio 

$88M employer contributions  

$30M member contributions  

6 participating employers  

2021 investment performance (gross of investment costs) 

11.8% 1-year return (11.2% net return)  

9.7% 3-year return  

7.7% 5-year return  

Plan membership 

5,053 active members  

4,259 retirees and beneficiaries  

765 deferred members  

10,077 total members  

 

“We spent a good part of 2021 reviewing our investments and potential funding outcomes. This has been particularly important as the global economy continues to be impacted by the ongoing COVID-19 pandemic, resulting in unpredictable market behaviour and uncertain returns on investments. Despite these challenges, we are pleased with the Plan’s strong performance in 2021”.

– Wayne Gladstone and Harry Goslin (Co-Chairs of the WISE Trust Board of Trustees)

“2021 was another remarkable year of progress for WISE Trust as we marked our first full calendar year of operations in July 2021. Over 2021, we accomplished many foundational items supporting our efforts to deliver on the defined benefit pension promise as a stand-alone pension plan organization”.

– Susan Kay-Dunn (Chief Pension Officer and Plan Manager)

2021 Highlights for Members Report

Check out the report to learn more about how we are fulfilling our defined benefit pension promise to our members in 2021 and in the future!
Facebook
Twitter
LinkedIn

More articles:

WISE Trust Celebrates 2 Years!

WISE Trust celebrates 2 years on July 1, 2022. Read more about our accomplishments in two short years!

Read More →
Contribution Rate Calculator

2022 Member Contribution Rates Increase

On July 1, 2022, your pension contribution rates will increase by 0.6 per cent of your pensionable earnings.

Read More →
Cards driving down a curving road alongside a lake and forest area.

Is Early Retirement Right for You?

A recent study has found that the average retirement age is 62. Yet more than 53% of Canadians are unsure how much they will need to retire. If you’re thinking about retiring, now is the time to start planning.

Read More →

Our Statement on the Crisis in Ukraine

WISE Trust statement on the Crisis in Ukraine.

Read More →

Tax Season is Upon Us

Winter is ending and spring is just right around the corner. Flowers will begin to bloom and soon our taxes will be due. But we’re here to help you prepare for the April 30 deadline.

Read More →

Plan for your future self

We struggle to commit to a long-term goal because of the initial hump – we just don’t know where to start. Get over the initial hump using these three suggestions.

Read More →