Monthly pension payments are paid by the Fund’s custodian, Northern Trust Company, Canada, on behalf of the Pension Plan. After you retire, your banking statements will reflect monthly payments from Northern Trust, in line with the payment schedule detailed below:
To change your banking information we require 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.