Toronto Civic Employees’ Pension Plan Surplus, December 30, 2020
December 30, 2020
We are pleased to advise that the City of Toronto has distributed surplus to eligible Plan members and beneficiaries. Eligible Plan members who previously made direct deposit arrangements with the City should see their funds deposited by December 30. Cheques are also scheduled to be mailed on December 30 to those who had not previously made direct deposit arrangements. Members and beneficiaries will also receive a letter from the City, which sets out the basis for their surplus allocation.