2015 CSS Pension Plan Highlights
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$3,500,000 $3,300,000 $3,100,000 $2,900,000 $2,700,000 $2,500,000 $2,300,000 $2,100,000 $1,900,000 $1,700,000 $1,500,000 Balanced Fund Money Market Fund Equity Fund Bond Fund INVESTMENT FUNDS ASSETS BY INVESTMENT FUND TOTAL ASSETS $3.3B NET ASSETS AVAILABLE FOR BENEFITS AVERAGE RETURN AVERAGE BALANCED FUND RETURN SINCE 1948 8.06% $3.1B $59.7M $98.1M $35.4M 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Balanced Fund Money Market Fund Equity Fund Bond Fund ($ thousands) www.csspen.com 2015 HIGHLIGHTS These highlights demonstrate the strength and diversity of the CSS Pension Plan. For more than 75 years, the Plan has helped co-operative and credit union employees plan for and fund their retirements, while providing an important attraction and retention tool for co-operative and credit union employers. 2015 Annual Report available on csspen.com Learn more about how your CSS Pension Plan did in 2015 by viewing our full 2015 annual report on csspen.com
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Transcript of 2015 CSS Pension Plan Highlights
$3,500,000
$3,300,000
$3,100,000
$2,900,000
$2,700,000
$2,500,000
$2,300,000
$2,100,000
$1,900,000
$1,700,000
$1,500,000
Balanced Fund Money Market Fund Equity Fund Bond Fund
INVESTMENT FUNDS
ASSETS BY INVESTMENT FUNDTOTAL ASSETS
$3.3B
NET ASSETS AVAILABLE FOR BENEFITSAVERAGE RETURN
AVERAGE BALANCED FUND RETURN SINCE 1948
8.06%
Equity Fund
Money Market Fund
Bond
Fund
Balanced Fund
$3.1B
$59.7M$98.1M$35.4M
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Balanced Fund
Money Market Fund
Equity Fund
Bond Fund
($ th
ousa
nds)
www.csspen.com
2015 HIGHLIGHTSThese highlights demonstrate the strength and diversity of the CSS Pension Plan. For more than 75 years, the Plan
has helped co-operative and credit union employees plan for and fund their retirements, while providing an important
attraction and retention tool for co-operative and credit union employers.
2015 Annual Report available on csspen.com
Learn more about how your CSS
Pension Plan did in 2015 by
viewing our full 2015 annual report
on csspen.com
CSS PENSION PLAN
2015 FUND RATES OF RETURN
FUND RETURN PROFILES
15.00%
10.00%
5.00%
0.00%
-5.00%
-10.00%
Equity Fund
4.10%Balanced Fund
3.83%Bond Fund
3.61%Money Market Fund
0.92%
30%
25%
20%
15%
10%
5%
0%
-5%
-10%
-15%
-20%
-25%
-30%
-35%
2006 2007 2008 2009 2010 2011 2012 2013 2014
BALANCED FUND
12.51%
2.20%
-18.57%
17.34%
10.17%
-0.12%
9.66%
16.36%
8.48%
2015
30%
25%
20%
15%
10%
5%
0%
-5%
-10%
-15%
-20%
-25%
-30%
-35%
MONEY MARKET FUND
30%
25%
20%
15%
10%
5%
0%
-5%
-10%
-15%
-20%
-25%
-30%
-35%
EQUITY FUND30%
25%
20%
15%
10%
5%
0%
-5%
-10%
-15%
-20%
-25%
-30%
-35%
BOND FUND
3.83% 3.79% 4.36% 3.56%0.71% 0.56% 1.18% 1.11% 1.08% 1.08%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
0.92%
17.54%*
2.82%*
-33.14%*
26.07%*
12.48%*
-5.51%
13.44%
28.10%
8.97%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
4.10%
*Benchmark returns
4.04%*3.67%*
6.40%*5.42%*
6.74%*9.27%
3.96%
-1.82%
8.51%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
3.61%
31-Dec-
14
12-Fe
b-15
27-Mar-
15
11-May-
15
23-Jun-1
5
6-Aug-15
18-Sep
-15
2-Nov-
15
15-D
ec-15
2015 HIGHLIGHTS
MEMBERS
RETIREES
TOTAL EMPLOYEE MEMBERSHIP
AGE DISTRIBUTION* Retirees
Inactive mem
bersActive m
embers
TOTAL
44,783
INACTIVE MEMBERS
RETIREES
ACTIVE MEMBERS
17,110
6,900
20,773
GENDER DISTRIBUTION*
59% 41%FEMALE MALE
0 1000 2000 3000 4000 5000 6000 7000 8000
Female
Male
65 +60 - 6455 - 5950 - 5445 - 4940 - 4435 - 3930 - 3425 - 29
Under 25Under 25
25 - 29
30 - 34
35 - 39
40 - 44
45 - 49
50 - 54
55 - 59
60 - 64
65 +
0 1000 2000 3000 4000 5000 6000 7000
DISTRIBUTION OF FUNDS AT RETIREMENT
Male Female
CSS Pension Plan monthly pension
CSS Pension Plan Variable Benefit Payments
Life Income Funds (LIFs)
Prescribed Registered Retirement Income Funds (PRRIFs)
Registered Retirement Income Funds (RRIFs)
Other registered pension plans
Life Annuities
Other
RRIF
PRRIF
LIF
CSS VB Payments
CSS Monthly Pension
230
20161
158
55
10
NEW MONTHLY PENSIONSStarted in 2015 - 230 Total funds - $34,380,476 Average funds - $149,480
NEW VB PAYMENTSStarted in 2015 - 201 Total funds $58,962,928 Average funds $293,348
AVERAGE RETIREMENT AGE**
62.21NUMBER OF RETIREES**
6,900**Includes monthly pension and Variable Benefit recipientsLife annuities
1
STARTED IN 2015
Members
*Includes active and inactive members only
CSS Pension Plan Fifth floor, 333 - 3rd Ave. N. PO Box 1850, Saskatoon, SK S7K 3S2 P: (306) 244-1539 | Toll-free: 1-844-4CSSPEN | F: (306) 244-1088 | E: [email protected] www.csspen.com
EMPLOYERS
TOTAL EMPLOYER MEMBERSHIP
EMPLOYER DISTRIBUTION
267 CO-OPERATIVES
95 CREDIT UNIONS
TOTAL EMPLOYER MEMBERSHIP
362
17 Co-ops 3 CUs
52 Co-ops 10 CUs
127 Co-ops 50 CUs
50 Co-ops 30 CUs
8 Co-ops 1 CUs
1 CU
13 Co-ops
BC
AB
SK
MB
ON
NS
NT&NU
CONNECTING TO YOUR FUTURE
The CSS Pension Plan provides competitive, value-added
retirement products and services exclusively to co-operative and
credit union employees.
With a proud history spanning over 75 years, we are one of the
oldest and largest defined contribution pension plans in Canada
with over $4B in total assets. Today we serve over 360 employers
and 40,000 current and past co-operative and credit union
employees across eight provinces and territories.
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