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Definitions

Canada Pension Plan

A contributory, earnings-related social insurance program that is paid by the federal government. It provides a measure of income to contributors and their families upon retirement, disability, and death. For further details, contact Service Canada.

WTW case management system within eePoint.

WTW secure website used to send/receive reports and other confidential member-related data. For more information, refer to Pension Administration System (eepoint) and Data Exchange Tools.

Login to DataLink

WTW Pension Administration System.  For more information, refer to Pension Administration System (eepoint) and Data Exchange Tools.

Login to eepoint

Financial Services Regulatory Authority of Ontario 

An independent regulatory agency whose role is to ensure pension plans meet the legal standard in the Pension Benefits Act (PBA). Their objective is to improve consumer and pension plan beneficiary protections in Ontario. 

Income Tax Act 

A federally legislated act with underlying regulations that outline, among other things, the maximum limits for registered pension plans. The Income Tax Act allows employees and employers to deduct pension contributions from their respective income for tax purposes and sets standards for the benefits a pension plan can provide. It is regulated by the Canada Revenue Agency (CRA) 

Data files that contain employee/member data required to administer pension benefits that are sent bi-weekly from each participating employer to WTW via:

  • I1 Data File – transmits Demographic & HR/Employment data on a bi-weekly I1 schedule  
  • I2 Data File – transmits Contribution & Payroll data on a bi-weekly I2 schedule 

 

Refer to Reporting Data through the I1 & I2 Data Interfaces for more information

Jointly Sponsored Pension Plan 

A pension plan in which decision making and funding of the benefits is shared jointly by both employees and the sponsor/employer. It’s a pension plan where there is a partnership in the governance of the plan. The Plan is a JSPP 

Self-service website for active, deferred and retired members to access pension-related information and transactions.

Login to My Pension Resource 

Ontario Compensation Employees Union, CUPE Local 1750 

  • Co-Sponsor of the Plan (with WSIB) 

Pension Adjustment 

The Canada Revenue Agency (CRA) deemed value of the lifetime pension benefit earned by a member during a calendar year which affects the member’s RRSP contribution room for the following year. Refer to Annual Pension Adjustment Report (I7) for more information.

Participating Employers of the Plan include:

The Workplace Safety and Insurance Board (WSIB), Infrastructure Health and Safety Association (IHSA), Public Services Health and Safety Association (PSHSA), Workplace Safety and Prevention Services (WSPS), Workplace Safety North (WSN), and the Trustees of the Workplace Safety and Insurance Board Pension Plan Fund (WISE Trust).

Pension Benefits Act (Ontario) 

Provincial pension legislation enforced by FSRA, which regulates pension plans in Ontario and determines minimum standards for eligibility, funding, and benefits for Ontario-registered pension plans. 

The base salary received by an employee for their employment position while a member of the Plan.

Refer to Frequently Asked Questions (FAQs) for specific Pensionable Earnings inclusion and exclusions.

Note: Contributions must be deducted from Pensionable Earnings in accordance with the Contribution Rate Schedule. 

Represents the total years, months and days of service during which the employee, or the employer on behalf of the employee, contributes to the Plan or Supplementary Plan and can include service during which an employee is receiving short-term, or long-term disability benefits, or while in receipt of benefits from a claim filed under the WSIA (WSIB claim benefit). 

Note: Pensionable Service is derived from member employment statuses provided by Participating Employers via the I1 Data File and required contributions amounts deducted and provided via the I2 Data File.

Pensionable service can also be purchased by members for periods of temporary employment and certain leaves of absences, or transferred in by members from another pension plan. 

Secure File Transfer Protocol 

  • Transmission method by which I1 and I2 Data Files are sent from Participating Employers to WTW. 

Safe Workplace Associations

Infrastructure Health & Safety Association (IHSA) 

Public Services Health & Safety Association (PSHSA) 

Workplace Safety & Prevention Services (WSPS) 

Workplace Safety North (WSN) 

WSIB Employees’ Supplementary Pension Plan (ESPP) 

  • A “top-up” retirement compensation arrangement that provides employees of the WSIB and SWA a pension benefit in excess of the maximum pension benefit permitted under the Plan and the ITA; the Plan and the Supplementary Plan (the “plans”) operate together to provide the same retirement benefit that the employee would have received if the ITA limits did not exist.  
  • Sponsored and administered solely by WSIB. 
  • Refer to Supplementary Plan for more information. 

WSIB Employees’ Pension Plan (often referred to as the “WISE Trust Plan” or the “EPP”) 

  • A contributory defined-benefit pension plan registered and regulated under the Ontario Pension Benefits Act (“PBA”) and the federal Income Tax Act (“ITA”). 
  • Jointly sponsored by the WSIB and OCEU and administered by WISE Trust. 
  • Refer to the Plan for more information. 

Workplace Safety & Insurance Board 

  • Co-Sponsor (with OCEU) and Participating Employer of the Plan. 
  • Sponsor and administrator of the Supplementary Plan

Workplace Insurance and Safety Employee Trust 

  • The Trustees of the Workplace Safety and Insurance Board Employees’ Pension Plan (Board of Trustees). 
  • Legal Administrator of the Plan. 

Pension contact centre for employees and members of the Plan and Supplementary Plan:

By Phone:

Call toll free: 1-855-242-1526

Outside of North America: 678-932-4144

Monday to Friday, 8:30 a.m. to 4:30 p.m. EST

By mail:

130 King Street West

Suite 1500, P.O. Box 424
Toronto, ON M5X 1E3

Online via My Pension Resource: 

Login to My Pension Resource

Willis Towers Watson  

When a Member Passes Away

This page provides information on the process and the steps that you must follow when a member passes away. The survivor benefits from the plans differ depending on whether the member dies before or after retirement and whether the member is survived by an eligible spouse and/or eligible children.

Active Member Passes Away Before Retirement

When you learn of the death of an active member of the Plan, please notify WTW and WISE Trust immediately.

  • Advise the caller that the WTW will require the following information for survivor benefits related to the member’s pension:
    • Original Death Certificate
    • Name of executor and contact information
    • Notarized copy of the “Last Will and Testament”
    • Information (name and date of birth) on dependent children (if any)
  • Provide the notification of death to WTW and WISE Trust along with any of the required documentation listed above or as received
  • WISE Trust will post the “Spousal Declaration and Beneficiary Designation Form” to the member’s record via eePoint as required
  • Process the death in your HR/Payroll system(s) immediately so that it transmits on the next bi-weekly I1 HR & Demographic Data Interface file
    • The WTW Admin Team will send any data queries to you via your team email box
    • You will need to respond to the data queries within two (2) business days
  • Once the WTW Admin Team receives notification and relevant information, they will send out the “Death Option Package” to the eligible spouse and/or dependents, or the estate as required
Note: If the WISE Trust Pension Contact Centre is the first point of contact, they will advise the caller of the list of required documents so they can start to gather the documents. They will also advise you immediately.

Member Passes Away After Retirement

When you learn of the death of a member who has begun receiving their pension from the Plan, or a survivor, please refer the person reporting the death directly to the WISE Trust Pension Contact Centre.
  • Advise the caller that the following information will be required:
    • Original Death certificate
    • Name of executor and contact information
    • Information (name and date of birth) on dependent children (if any)
  • Once the WTW Admin Team receives the notification and the relevant information, they will send out the “Death Option Package” to the eligible spouse and/or dependents, or the estate as required
  • You will be notified of the retiree’s date of death via the “I10 Inactive Member Date Interface/Report” so that you can update your records as required

Deferred Members

If you are notified of the death of a former employee who has a deferred pension with the Plan, refer them directly to the WISE Trust Pension Contact Centre or report the information to the WTW Admin Team.

Employer updates

Employer plan announcements
2023 Member Contribution Rate Increase

2023 Contribution Rate schedule for WISE Trust members and participating employers.

Employer plan announcements
2022 Member Contribution Rates

Effective July 1, 2022, member pension contribution rates will increase by 0.6% of pensionable earnings. Employer normal cost contribution rate …

Employer plan announcements
Contribution Rate Changes

The conversion valuation report as at July 1, 2020 for the WSIB Employees’ Pension Plan (the Plan) was filed in …

Employer plan announcements
The WISE Trust Pension Contact Centre is member’s one-stop-shop

The best way to help members get their questions answered is direct them to the WISE Trust Pension Contact Centre. …