News
July 25, 2023
STRP Focus on Equity: More Equitable Death Benefits
Pension & Benefits
The STRP currently offers an additional death benefit option for members who pass away prior to retirement with at least eight years of service. This additional benefit option, paid to dependent children or dependent parents, is rarely used and complicated to administer.
STRP Focus on Equity: A New Benefit Formula
Pension & Benefits
You would probably agree that the current STRP formula is a little tricky to understand. That’s because it’s what we call an “integrated” formula – it provides different benefits below and above a certain earnings level (called the YMPE) in order to align it with benefits that you earn in the Canada Pension Plan.
STRP Update: Important Reminders
Pension & Benefits
The STRP is excited to once again be providing a conditional upgrade to teachers’ pensions.
On June 30, 2023, eligible active teachers received a 3.8 percent increase to all pension benefits earned between July 1, 2015, and June 30, 2022. This increase will show up on the June 30, 2023, annual statements being sent in December.
For more information, read the original announcement.
July 24, 2023
Northern Lights School Division No Longer In Dispute
News Release
The in-dispute designation placed on Northern Lights School Division on June 19 has been lifted effective July 24. Discussions and negotiations between the Saskatchewan Teachers’ Federation and NLSD Director of Education Jason Young resulted in a satisfactory resolution.
June 15, 2023
STF “Food to Learn” Campaign Raising Funds, Awareness With Food Banks of Saskatchewan
News Release
June 1, 2023