Acadia HR News & Events
Transitioning to the Public Service Superannuation Plan (PSSP) Update
As work is proceeding as anticipated for the July 1st, 2015 transfer, the following communication is to provide pension members with an update on where the transition process is to date.
Following the February 2015 campus vote, the proposal was ratified by the Acadia Board of Governors on April 17, 2015. Formal approval has also taken place by the PSSP Board. An administrative agreement between Acadia University and the PSSP is in progress. In addition, the Nova Scotia Legislature has introduced legislation this week regarding the approval of the transfer.
Acadia participates in biweekly meetings with members of the PSSP to facilitate a smooth transfer of pension records and administration of the Plan.
Pension members should note that the AUPP year end is June 30; therefore members will receive their final AUPP annual pension statement as at June 30, 2015. The PSSP’s year end is December 31; therefore members will also receive an annual pension statement as at December 31, 2015 and each year thereafter.
It is anticipated that pension records will be transferred to the PSSP by the end of September 2015. During this transition period from July 1, 2015 to the anticipated September date, questions regarding members’ pension are to be directed to Kerry Deveau, Manager, Human Resources. Once files are transferred questions would then be directed to the PSSP (contact information below). Further details on the transition period will be forthcoming as we move closer to the cross over date.
Once the transfer is completed, pension contributions will be adjusted to reflect the PSSP contribution rates effective January 1, 2015. This may take the form of a pension credit or pension contribution holiday. The mechanics of this is still being worked out.
We thank you for your patience as we work through this process and strive to keep members up to date as we go through our timeline. If you have any questions do not hesitate to contact Kerry Deveau, Manager, Human Resources at ext 1148 or email@example.com.
Posted April 24, 2015
Life & Health Surplus Rebate to Eligible Employees
Acadia's Life & Health claims were not as high as what was expected therefore a surplus has accumulated in both accounts with Manulife & Medavie Blue Cross. Faculty and staff paying premiums for group life insurance as of August 31, 2014, will receive a life surplus rebate and possibly a health rebate. Faculty will see this refund on the pay period ending April 30, 2015. Bi-weekly paid employees will see this refund on the pay period ending April 25, 2015 and deposited on April 30, 2015.
Posted April 20, 2015
Pension Plan Vote
The proposal to move the Acadia Pension Plan to the N.S. Superannuation Plan were adopted by a majority vote of 50% +1 of eligible voters who voted. There was a voter turnout of 390 with 88.95% of voters voting in favor of the question and 11.05% opposed with 1 spoiled ballot.
There are many details to be ironed out over the coming months as we transition to the PSSP. We will certainly keep you up to date as we work through the process. We encourage employees, if you haven’t done so already, to visit the PSSP website at http://www.novascotiapension.ca/publicserviceplan
Posted March 2, 2015
2014 Online T4's are Now Available!
For those who have completed the consent form for on line T4’s, please follow the instructions below to retrieve your T4. Visit http://webadvisor.acadiau.ca
- Login with your Acadia username and network password.
- Go to the “Employee's” menu.
- Select “T4 slips”
If you are unable to retrieve your on-line T4 please contact firstname.lastname@example.org. For questions on your T4 please contact Terry Turner Mitchell at email@example.com for biweekly salary and hourly payroll and Kelli Mahoney at firstname.lastname@example.org for monthly payroll.
Posted February 13, 2015