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The WISE Trust Newsroom

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Notice alert

There have been many media reports about the CrowdStrike – Microsoft outage that impacted airlines, banks, and many other organizations globally Friday. WISE Trust does not use CrowdStrike and there is NO IMPACT to WISE Trust systems.

Contribution Rate Calculator

2024 Member Contribution Rate Increase

On July 1, 2024, your pension contribution rates will increase by 0.6 per cent of your pensionable earnings.

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.

WISE Trust Celebrates 2 Years!

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

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.

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.

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.

Our Statement on the Crisis in Ukraine

WISE Trust statement on the Crisis in Ukraine.

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.

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.

Update Your Spousal and Beneficiary Information Today

Relationships begin and end. Children grow up. Careers start and stop. As you go about the ups and downs of life, it is important to make sure things like spousal and beneficiary information, Wills, and Powers of Attorney, are up to date.

November is Financial Literacy Month

At WISE Trust, we know that financial literacy is a vital component of everyday life because managing your daily finances and making secure investments in your future are both closely related.

Be Earth WISE

There are more benefits than just a healthy planet when you switch to paperless communications.

July 1, 2021 Contribution Increase

On July 1, 2021, pension contribution rates will increase by 0.6 per cent of your pensionable earnings. Learn more about how you contribute and the contribution formula.