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Rule change - contributions during disability

On December 1, 2014, Co-operative Superannuation Society (CSS) delegates approved a change to the CSS Pension Plan rule that permits contributions during periods of disability.

Under the new rule​, employees, employers or disability insurers will be permitted, but not required, to make pension contributions during a period of disability.

Previously, the Plan's rule stated that pension contributions during a period of disability would be accepted from a disability insurer only.

The Plan made the change to provide greater flexibility for CSS empl​oyee and employer members.

Under the new rule, any contributions made during a period of disability will be considered required matched contributions.

The new rule is effective January 1, 2015.