Attention Variable Pension Benefit Members: Important Year-end Payment Information

As 2024 comes to a close there are timelines you need to be aware of for submitting lump-sum payment requests to ensure your payment is processed within the 2024 tax reporting period.

Plannera Pensions & Benefits is operational!

Plannera Pensions and Benefits

We are excited to announce that on January 1, 2024, Plannera Pensions & Benefits (Plannera), formerly known as the Public Employees Benefits Agency (PEBA), started operations.

Plannera will continue to be based in Regina, Saskatchewan and manage more than $15 billion in pension and benefit assets serving more than 100,000 plan members.      
Jeremy Phillips, has been appointed as Plannera’s President and Chief Executive Officer (CEO) previously PEBA’s Assistant Deputy Minister. Phillips said, “There will be no changes for the plans we currently manage. Their respective boards will continue to oversee them.”

Under the new operating structure, pension plans under Plannera management will have the same level of financial and regulatory oversight. 

  • The Saskatchewan Provincial Auditor will continue to conduct an annual independent audit. 
  • The Financial and Consumer Affairs Authority of Saskatchewan and Revenue Canada will continue to regulate plans. 
  • Provincial legislation specific to individual pension plans remain unchanged.
Our Plannera Corporate Board

The Municipal Employees’ Pension Commission and Public Employees Pension Board members appointed the Directors of the Plannera Board after an extensive search in the fall.

Our Corporate Board members bring diverse skills to Plannera’s governance, and will be responsible for overseeing Plannera operations, strategy and risk management. Their in-depth knowledge and business expertise will drive innovation and sustainable growth. This will shape Plannera’s future. We invite you to take a few moments to meet our Corporate Board here

January 1 and beyond

PEBA has proudly served thousands of members in our 40-year history. Our entire team is looking forward to continuing to provide you with the same great service as Plannera.

P.S. Don’t forget to update your bookmarks or favourites to the new website addresses.