Supporting our members through the COVID-19 pandemic
Please note, we are open for business but our office is closed to in-person visits for our members.
In these extraordinary times, the safety of Plan Office staff and the protection of members and their plans are of utmost concern. Following the BC Ministry of Health’s recommended precautions, our Burnaby office is currently limited to essential services only. We are doing our best to minimize service disruptions, and we will continue to update this space should any of the following change in this rapidly evolving environment.
Members receiving payment from the pension or LTD plan
Members undergoing rehabilitation
Communication with the Plan Office
Thank you for your patience and understanding as we all navigate this difficult time together. Stay safe.
Seasons Greetings from the staff at the IWA–Forest Industry Pension and Long Term Disability Plans. Please note that our office will be closed on December 24, 2020 and will re-open January 4, 2020.
Effective January 1, 2021, the gross monthly long-term disability (LTD) payment for members on claim will increase by $200 (before tax). For most members, this means that their gross payment will increase from $2,300 to $2,500 per month.
Also effective January 1, 2021, the extended health coverage is improved for psychologist and clinical counsellor services combined to a maximum of $1,000 per calendar year for members in receipt of LTD benefits and their eligible dependents.
Members on claim will have the LTD payment increase applied automatically, starting with their January cheque or bank deposit. Members with offsets like WCB awards, CPP Disability, or third-party settlements may not receive any payment if their total offsets exceed their gross payment.
For more information, contact email@example.com.
Watch these short explainer videos to learn more about how your pension plan works, including everything from earning service in the plan to your retirement options and beneficiary coverage: iwafibp.ca/pension-plan-videos
The next issue of the AFTER WORK newsletter is now available for download. Copies will also be mailed to all members and employers over the next couple of weeks.
Watch these short explainer videos to understand what it means to be a member of the IWA—Forest Industry Long Term Disability Plan, to guide you through your disability and to understand your Rehabilitation Services.
We are pleased to present the LTD plan annual report for the year ending December 31, 2019.
We are pleased to present the pension plan annual report for the year ending December 31, 2019.
Watch this short explainer video to learn what it means to be an IWA—Forest Industry Pension Plan member, as well as who the Plan Office is.
The BC government has updated the Employment Standards Act (ESA) to allow employees to take unpaid leave relating to COVID-19. Full details can be found on the BC government’s website.
Like other unpaid leaves of absence (maternity, compassionate care, bereavement etc.) members must continue to pay contributions in order to remain covered by the pension and/or LTD plans during their absence. If members continue to make employee contributions, their employers are also required to continue to pay employer contributions.
We have replaced our maternity/parental leave waivers and other leave consent waivers with a new form called contributions during an unpaid leave. This leave form includes the new COVID-19 provision. This form is available on the Plan Office website at iwafibp.ca/employer-forms. Members and their employers must complete this form to notify the Plan Office of their contribution decision during any unpaid leave of absence as outlined in the ESA.
Please contact firstname.lastname@example.org if you have any questions.