Pension & Benefits


Fall 2020 SunLife Workshop for Treasurers

2021 Treasurer’s Newsletter

2021 Treasurer’s Handbook

Canada Life: Out-of-country and travel assistance coverage reminders for plan members (PDF)

Canada Life: Updates to the online GroupNet system for plan members (PDF)

Confidential Information Sheet

The CBAC Pension & Benefits Department

Through our Pension and Benefits Board, the CBAC is able to provide excellent pension and benefits services for staff of our CBAC churches, Acadia Divinity College, Crandall University and other church-related agencies. We are part of the National Pension & Insurance Committee, which gives oversight to the Canadian Baptist Pension Plan and most of the other benefits provided (Life and disability insurances, Employee Assistance Program EAP 1-800-387-4765). We locally administer the medical/dental program. Housing subsidies are available for retired ordained pastors or their widows/widowers who reside in apartments or houses owned by Atlantic Baptist Housing. The Board also provides pension subsidies for pastors on low income and financial assistance for the widows, widowers and/or orphans of our pastors.

What We Provide:
The CBAC administers a Retirement Plan for CBAC employees, pastors, and others who qualify under the Regulations of the Pension & Benefits Board.

Canadian Baptist Pension Plan Member Booklet

Canadian Baptist Pension Plan Member & Employer Newsletters/Reports

If an employee chooses not to participate in the Plan, the employee must fill in a Pension Waiver Form. The church should keep the original signed waiver on file and send a copy to the CBAC Office.

The insurance plan provides for Basic Life insurance, Dependent Life insurance, Health, Dental & Vision coverage, Long Term Disability, Employee Assistance Program and Accidental Death & Dismemberment insurance. Details on these coverages along with premiums can be found in the Treasurer’s Handbook.

The CBAC provides a group benefit plan and a defined contribution pension plan in our partnership with Canadian Baptist Ministries, Canadian Baptists of Ontario and Quebec, Canadian Baptists of Western Canada and French Baptist Union. Since these are compulsory plans, churches are obligated to offer them to all employees that qualify. For further information regarding eligibility please refer to the Treasurer’s Handbook.

Enrolment forms are available through Karen Gunn, Benefits Coordinator at the CBAC office. Email Karen, or phone 506-635-1922 ext 1013.

Confidential Information Sheet —This form must be sent in to the Benefits Coordinator as soon as there is a change in salary. Canada Life requires the Total Salary figure to calculate the Long Term Disability premium. Once the form is received and calculated by Canada Life the adjustment in premium will be billed back to the church. If a member has to go on Long Term Disability, they will receive 67% of the last reported salary.

Frequently Asked Questions

1. What options are available to the surviving spouse when the member of the plan passes away?

For the CBPP, the surviving spouse may remain in the plan. Contact Sun Life and advise them of your spouse’s passing, and let them know that you desire to keep your assets in the CBPP. You can continue to take advantage of the savings, due to the very low management fees.

For active and retiree members, with the health and dental benefits, your survivor benefits coverage will continue for a period of 2 years at no cost to the survivor or until they no longer qualify. After this period, your coverage can be continued and billed directly to you by contacting the CBAC Benefits Coordinator.

2. How does a survivor no longer qualify for health and dental benefits?

A survivor will no longer qualify if they remarry or gain group insurance benefits through his/her employment.

3. What are my options if I resign or am terminated?

If you are actively seeking employment within the CBAC, your group insurance benefits may continue for up to 12 months and the premiums would be billed directly to you on a monthly basis. If you gain employment within the CBAC during this time, the premiums will transfer to your new church. If you gain employment outside of CBAC, this coverage will be terminated. If you do not gain employment within the 12 months, the coverage is terminated.

You have the following options for your Canadian Baptist Pension Assets (as allowable under plan terms and applicable legislation):

  1. Remain in the plan (subject to plan terms and conditions)
  2. Transfer to another RPP, it that plan permits it;
  3. Transfer to a RRSP or other retirement savings plan;
  4. Transfer to a RRIF or LIF;
  5. Purchase a life annuity;
  6. Take a lump sum cash payout of any non locked-in amounts, less withholding tax.

4. What are the minimum standards for participating in the plans (for part-time employees)?

Benefits Plan: You must be permanently employed and working a minimum of 20 hours per week.
Pension Plan: Each province has slightly different minimum requirements however the church may choose to waive the minimum requirement to enroll the employee.

5. How do I change my CBPP investments?

You can change your investments online at or call Sun Life at 1-866-733-8613. It is important to periodically review your investment selections to make sure they continue to accurately reflect your risk tolerance and your time horizon to retirement.

6. How do I register for an online Sun Life account?

You can call 1-866-733-8613 or register online at

7. How do I enroll in the Tax Free Savings Account (TFSA)?

• Log-in to
• Once logged in, select myfinancialcentre>Requests>Enrol
• Select Let’s get started! to begin and follow the enrolment flow.
• Be sure to designate a beneficiary for your TFSA, so your assets are distributed according to your wishes in the event of your death.

8. What is enhanced generic Substitution?

Your drug coverage includes enhanced generic substitution. This means if you submit a claim for a brand-name drug and a generic equivalent drug is available, the plan will reimburse you based on the cost of the generic drug, if that cost is lower (subject to compliance with provincial legislation). It’s important to understand that generic drugs are just as effective as brand-name drugs – but they typically cost a lot less.

If there’s a medical reason you must take the brand name drug instead of the generic drug, you will need to go through a pre-approval process with Canada Life before the plan will cover it. Your physician will need to complete a Request for Brand Name Drug Coverage form and provide medical information about why you require the brand-name drug. If your request is approved, you will be reimbursed for the cost of the brand-name drug. This approval process is important to help maintain your benefits coverage and keep the plan costs affordable.

You can always choose to get the brand-name drug if you want to. You will just have to pay the difference out of your own pocket.

Do you have  question not addressed in this list?
Please reach out to the CBAC Benefits Coordinator, Karen Gunn:, or phone 506-635-1922 ext 108

Who To Contact:
  • Karen Gunn, Benefits Coordinator – Email Karen, or phone 506-635-1922 ext 108.

Pension and Benefits Board
  • Bodechon, Toby, Chair
  • Cumby, David
  • Day, Valerie
  • Young, Robert
  • Eager, Charles
  • Burke, Heather Treasurer
  • Gunn, Karen, Benefits Coordinator

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