Receiving Your Monthly Pension Payment
Your pension is effective the first of the month following your last day of employment with your Participating Employer(s). For example, if your last day of employment is April 20, your pension will be effective on May 1.
Generally, once you have retired, it takes at least four to six weeks for HEB Manitoba to obtain your final pay information from your facility and process your pension application (if all required documents are received and accurately completed before the deadline dates provided in the retirement package). We encourage members to prepare financially for the period before they receive their first pension benefit payment.
Your monthly pension is deposited directly into your bank account. The only mandatory deduction is income tax. If you choose any of the post-retirement benefit coverage that you are eligible for, the benefit premiums will also be deducted from your monthly pension benefit.