Home Sitemap Members only Change password Log off Joining Contributing Calculating Retiring Terminating Joining Contributing Retiring What happens... Forecasting tool Personal profile Membership Profile Account summary Account activity Account Changes Retirement Income Calculator Retirement Planning Workbook Retirement Planning Seminar


This section answers frequently asked questions about retiring under the Canadian Blood Services Defined Benefit (DB) Pension Plan.

I'm currently a pensioner who selected a Joint and Survivor pension option. My spouse has just died. Can I change my option?
  • No, once you have chosen your option, it cannot be changed.

  Top of Document

When is the earliest date I can retire without having any corresponding reduction in my pension?
  • The earliest date you can retire without having any corresponding reduction in your pension is age 65.

  Top of Document

Is my pension indexed annually?
  • Your pension will be indexed each January 1st to reflect 75% of the annual increase in the Consumer Price Index above 2%, to a maximum of 5.5%.

  • If the cost of living stays the same or goes down, your pension amount will not change.

  • Your eligible spouse's survivor pension will also be indexed in the same way.

  Top of Document

 2011, Morneau Shepell Ltd. Terms of Use