PLAYING FOR A BETTER RETIREMENT |
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In Concert provides pension plan updates and explains how your pension plan works. | |
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Comments or questions about this newsletter? We’d like to hear from you! Please email us: info@mpfcanada.ca. | |
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 The Fund will email copies of the 2020 Annual Report to members. It will also be available on our website. The 2020 Annual Report will include an overview of the Plan’s financial status as of December 31, 2020, information about Plan membership, benefits paid, Plan investments, and more! This year we are also showcasing the Fund Office staff who are behind the daily operations of the Fund. We hope you take the time to get to know your Fund Office staff! | |
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Fund Fast Facts Annual Pension Benefits Paid in 2020
Over $45 million Plan Members at December 31, 2020
Approximately 14,000 Plan Assets at December 31, 2020
$911 million Plan Investment Rate of Return at December 31, 2020
10.8% Total 2020 Employer Contributions to the Fund
$7.1 million |
 Questions? We Can Help!Please contact the Fund Office staff with any questions you have at 416.497.4702. | |
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| | Contact for questions about… |
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| - Pension contribution cheques and remittances
- Late remittance cheques
- Employer records
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| - Contract information
- Missing contributions
- Annual statement discrepancies
- CBAs and/or agreements
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| - General Fund Office information
- Address changes
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| - Pension application assistance
- Address changes for pensioners and beneficiaries
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| - Pension and other benefit questions, monthly benefits
- Status at the Fund Office
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| - Fund Office administration
- Accounts/payable
- Local and CFM inquiries
- Fund Office compliments and complaints
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| Extension to Recent Plan Amendment to Help Potential Members Last year, due to the COVID-19 pandemic, the Trustees approved a Plan amendment. The amendment changed the rules for establishing Plan eligibility for new members by ignoring any breaks in service for those potential new members from April 1, 2020 through September 30, 2020 (it was later extended to June 30, 2021). This helps musicians who are not working because of COIVD-19 restrictions become plan members when they would otherwise not have been eligible.
We understand the COVID-19 pandemic continues to impact live, in-person music. So, the Trustees have once again extended the amendment’s timeframe—to December 31, 2021.
For questions about Plan membership, please contact the Fund Office at 416.497.4702. | |
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Have You Reviewed Your Annual Benefit Statement?
The 2020 Annual Benefit Statements were mailed out in May. Please check your statement to be sure all of your personal information is correct and you received all of your pension contributions for 2020. If you think you’re missing contributions or if something is incorrect on the statement, please contact Lisa DeWitt at the Fund Office at lisad@mpfcanada.ca. | |
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Essential serviceThe Fund office is considered an essential service, so Fund office staff are in the office and available to answer questions about your pension benefits. The Fund office is open Monday through Thursday 10:00 a.m. to 3:00 p.m ET. | |
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Musicians’ Pension Fund of Canada 200 Yorkland Blvd. Suite 605, Toronto Ontario M2J 5C1 |
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