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How to read your member statement

Updated: Feb 25, 2022

You can check your Chamber Pension Plan statement online at any time: just enter your user name and password on the Membership Log-In page.

If you do not have a user name and password, contact the Administrator.

Alternatively, you can review your semi-annual statement, which you will receive by mail.

It is important to review your personal information such as name, address, birthdate, beneficiaries and the employer you work for. Please note only your current employer name should be visible. Notify us straight away of any changes or errors.

Check the period covered by this statement and note your member number – quote this number with any queries.

The Chamber Pension Plan statement is designed to provide information about your pension account at a number of different levels of detail.

  • The Account Summary gives you the current value of your account. The growth/ (decline) in your account is calculated by subtracting the amount of money you and your employer(s) have put into your account from the current value of your account.

  • The Transaction Detail section gives you the value of your account at the beginning of the statement period, including contributions/redemptions and unit price percentage change during the statement period.

You will also notice a detailed breakdown of each contribution/redemption, including the dollar value and the units purchased/redeemed in each transaction. There should be a minimum of six transactions on your semi-annual statement. Please contact the Administrator if this is not the case.

The statement also shows the month your employer sent in your contributions. Please note that if your employer sends in contributions a month in arrears (for example, June's contributions were sent in July), they will appear on your statement during the month they were received (so the June contributions will appear in July).

How to Read Your Pension Statement (Feb 2022)
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