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The WISE Trust Newsroom

Stay up to date with news releases and announcements from WISE Trust.

WISE Trust Delivers Impressive 7.9% Return for 2023

[Toronto, ON — April 16, 2024] — In an environment of economic uncertainty, WISE Trust has demonstrated its value to members and security of benefits …

Nominations are now open for the PAC Spring 2024 Election

Spring elections will soon be held to select new members of the Pension Advisory Committee (PAC).

Welcoming Martha Fell to the WISE Trust Board of Trustees

WISE Trust is pleased to welcome Martha Fell to our Board of Trustees, as appointees by the WSIB as Employer Sponsor, effective October 25, 2023.

New Pension Payment Service Provider: CIBC Mellon

Effective October 1, 2023, CIBC Mellon will process pension payments from the WSIB Employees’ Pension Plan (your “WISE Trust pension”).

New Trustees Join WISE Trust’s Board Effective July 1

Effective July 1, 2023, WISE Trust’s Board of Trustees was joined by two new members. Grant Walsh and David Minas will join the Board of Trustees representing WSIB as Plan Sponsor.

2023 Contribution Rate Increase

On July 1, 2023, member pension contribution rates will increase by 0.6 percent of your pensionable earnings. Learn more.

2022 Annual Highlights for Members

We are pleased to publish our 2022 annual “Highlights for Members” report. The report includes an overview of WISE Trust’s yearly performance for current, retired and deferred members.

Welcoming WISE Trust’s New Chief Executive Officer

The WISE Trust team is pleased to welcome our new Chief Executive Officer, Chris Brown.

Two New Trustees Join WISE Trust’s Board in September

Effective Monday, September 5, 2022, WISE Trust’s Board of Trustees was joined by two new members. Bruce Smith joins as Co-Chair of the Board of Trustees, representing WSIB as Plan Sponsor and will also co-chair the Governance and Human Resources Committee, while serving on the Asset and Liability Management, Audit and Finance, and Plan Administration Committees. Peter George joins as a Trustee and will serve on the Asset and Liability Management, and the Audit and Finance Committees.