Pension Plan Changes

HEB Manitoba and the Board of the Healthcare Employees' Pension Plan (HEPP) are making changes to the Plan designed to support its sustainability and protect its defined benefit promise.

What do the Plan changes mean for you? Click on a box below to learn more.

Rule of 80 (formerly Magic 80) is when your age plus years of employment service total 80.

I will reach Rule of 80 before Jan 1, 2020   I will reach Rule of 80 after Dec 31, 2019 AND before age 55   I will reach Rule of 80 after Dec 31, 2019 AND after age 55

I am retired   I will be 60 before I reach Rule of 80   I am not an active Plan member, but may join or rejoin the Plan



Frequently Asked Questions About the Pension Plan Changes

  • I am retired. Will these changes affect my pension?

  • I will reach Rule of 80 after Dec. 31, 2019. Is there any way to avoid the actuarial reduction?

  • What is Rule of 80?

  • What if I turn 60 before I reach Rule of 80?

  • Why did I get two letters?

  • What is considered to be a termination?

  • Why is the HEPP Board making changes to the Plan?

  • Will these change help ensure the Plan can provide a pension for future retirees?

  • Are these changes the result of poor investment decisions?

  • How is the Pension Plan governed?

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Disclaimer - This website provides a basic overview of the Healthcare Employees' Pension Plan (HEPP) and the Healthcare Employees' Benefits Plan (HEBP) (collectively the HEB Manitoba Pension and Benefit Plans). Not all employers participate in all Plans. Please check your eligibility for benefits with your employer.

HEB Manitoba is a name notation registered by the Healthcare Employees’ Pension Plan – Manitoba and the Healthcare Employees’ Benefits Plan – Manitoba and under which each of their respective undertakings is carried out.

The information on this website is for convenience of reference only and has no official sanction. View our full disclaimer here.