csspen · 2020. 5. 26. · 26 0 1 24 0 9 0 103 42 retirement incomes started 0 100 200 300 400 500...

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2019 ANNUAL REPORT available on csspen.com Learn more about how your CSS Pension Plan did in 2019 by viewing our full annual report and microsite on csspen.com I n 2019, we celebrated our 80th anniversary – a milestone achievement of growth and longevity made possible through our partnerships with co-operatives and credit union employers from coast to coast to coast. Today, we strive to continuously elevate the level of service and value we provide to over 49,000 current and past co-operative and credit union employees who belong to the CSS Pension Plan. These highlights show some of the key outcomes of our year that will impact members as they make the climb toward retirement and the amazing view that awaits. 2019 HIGHLIGHTS ELEVATE BALANCED FUND MONEY MARKET FUND BOND FUND EQUITY FUND MER 2019 RETURN 0.38% 0.15% 0.30% 0.36% 13.02% 1.99% 6.20% 18.33% TOTAL ASSETS $163M $42M $121M $3.77B $4.1B INVESTMENT HIGHLIGHTS PENSIONS FUND + AVERAGE BALANCED FUND RETURN SINCE 1948* $731M 7.99% CELEBRATING 80 YEARS *Past performance does not guarantee future results. INVESTMENT FUND Being a member in CSS has been a very educational and rewarding experience, and I’m grateful for the peace of mind that it has given me. AMRIK THIND PENINSULA CO-OP VICTORIA, BC I love the fact that co-operatives differ from other forms of business, because they operate for the benefit of members. YANA NEVMERZHYTSKA BEEMAID HONEY LIMITED WINNIPEG, MB My contributions to the CSS Pension Plan make financial security in retirement become possible. LALAINE DYOK CANADIAN CREDIT UNION ASSOCIATION TORONTO, ON *Past performance does not guarantee future results.

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  • 2019 ANNUAL REPORT available on csspen.com

    Learn more about how your CSS Pension

    Plan did in 2019 by viewing our full annual

    report and microsite on csspen.com

    In 2019, we celebrated our 80th anniversary – a milestone achievement of growth and longevity made possible through our partnerships with co-operatives and credit union employers from coast to coast to coast. Today, we strive to continuously elevate the level of service and value we provide to over 49,000 current and past co-operative and credit union employees who

    belong to the CSS Pension Plan. These highlights show some of the key outcomes of our year that will impact members as they

    make the climb toward retirement and the amazing view that awaits.

    2019 HIGHLIGHTSELEVATE

    BAL ANCED FUND

    MONE Y MARKET FUND

    BOND FUND

    EQUIT Y FUND

    MER 2019 RETURN

    0.38%

    0.15%

    0.30%

    0.36%

    13.02%

    1.99%

    6.20%

    18.33%

    TOTAL ASSETS

    $163M

    $ 42M

    $121M

    $3.77B

    Equity Fund

    Bond Fund

    Money M

    arket Fund

    Balanced Fund

    Balanced

    Fund

    Mo

    ney Market Fund

    Eq

    uity Fund

    Bo

    nd Fund

    Pensio

    n Fund

    $4.1B

    INVESTMENT HIGHLIGHTS

    PENSIONS FUND

    +AVERAGE BALANCED FUND RETURN

    SINCE 1948*

    $731M 7.99%

    CELEBRATING

    80YEARS

    *Past performance does not guarantee future results.

    INVESTMENT FUND

    Being a member in CSS has been a very educational and rewarding experience, and I’m grateful for the peace of mind that it has given me.

    AMRIK THINDPENINSUL A CO - OPVIC TORIA , BC

    I love the fact that co-operatives differ from other forms of business, because they operate for the benefit of members.

    YANA NE VMER ZHY TSK ABEEMAID HONE Y L IMITEDWINNIPEG, MB

    “ “ “My contributions to the CSS Pension Plan make financial security in retirement become possible.

    L AL AINE DYOK

    C ANADIAN CREDIT UNION

    ASSOCIATION

    TORONTO, ON

    *Past performance does not guarantee future results.

    https://www.csspen.com/forms-and-resources/publications/annual-reporthttps://www.csspen.com/forms-and-resources/publications/annual-reporthttps://www.csspen.com/forms-and-resources/publications/annual-report

  • CSS Pension Plan PO Box 1850, Saskatoon, SK S7K 3S2 P: (306) 477-8500 | Toll-free: 1-844-4CSSPEN F: (306) 244-1088 | E: [email protected] www.csspen.com

    ACTIVE MEMBERS

    RETIREES

    INACTIVE MEMBERS

    Retir

    ees

    Inac

    tives

    Activ

    es

    22,98 0

    8,075

    18.893

    49,948

    MEMBERSHIP HIGHLIGHTSCUs

    Coops

    EMPLOYEE MEMBERS

    EMPLOYER MEMBERS

    31924 0 CO - OPS

    CREDIT UNIONS

    AB

    79

    BC NT/NU/ YTON SKMB NS

    47

    7

    15

    3

    42

    26

    0

    1

    24

    0

    9

    0

    103

    42

    RETIREMENT INCOMES STARTED

    0 100 200 300 400 500

    Life annuity

    RPP

    RRIF

    LIF

    PRRIF

    Monthly pension

    VB payments

    CSS VB Payments

    CSS Monthly Pensions

    PRRIF

    LIF

    RRIF

    RPP

    Life Annuity

    TOTAL FUNDS

    $119,305,204

    $34,174,818

    AVERAGE FUNDS

    $284,738

    $187,774

    46%

    38%

    16%

    75%

    25%

    419

    182

    202

    74

    38

    19

    0

    96 4

    858 5,684

    5,266

    10,344

    9,011

    5,457

    3,239

    265

    293

    21

    15

    60

    79 185

    132

    Active members by province/territory

    Inactive members by province/territory

    934

    https://twitter.com/CSS_Pensionhttps://www.linkedin.com/company/css-pension-plan/https://www.youtube.com/channel/UC9R7A8r5m_q-GYH6K3ri5WA