Payment Schedule
Monthly pension payments are paid by the Fund’s custodian, Northern Trust Company, Canada, on behalf of the HRM Pension Plan. After you retire, your banking statements will reflect monthly payments from Northern Trust, in line with the payment schedule detailed below:
Banking Changes
You can register with the Northern Trust Benefit Payment Participant Web Passport®, as long as you have received your first monthly pension payment. Click here for further details. Once registered you can update your banking information on line.
Alternatively, you can send us a signed letter, mailed or faxed to the HRM Pension Plan Office. Your letter must include your full name, the first 5 digits of your Social Insurance Number, the effective date of the banking change, and your signature. In addition, please include a void cheque or a direct deposit form issued by your bank.
To ensure payments are deposited to your desired account, we recommend communicating any changes to your banking information at least 10 business days before the next payment date.