Due to the COVID-19 pandemic, our offices are closed however we are in communication electronically. Please send all benefit and eligibility queries to: administration@bpagroup.com and all claim inquiries to: claims@bpagroup.com Please ensure to include your full name, certificate number and reason for inquiry, all inquiries will be handled on a priority basis within 1 business day.Click here to read an important update from your Benefits Department.
Effective January 1, 2020, OHIP will no longer cover any portion of your medical costs while travelling outside of Canada.

Your Retirement Needs

Calculating your retirement needs

There are a number of factors to take into account in determining your retirement needs.
 
They are as follow:

  • Find out what annual income, before taxes, you would like to receive during your retirement in today’s dollars.
  •  Determine what age you wish to retire.
  • Ascertain your future retirement income sources. These will likely come from three main sources: Government benefits,Private pension plans and,Personal savings.
  • Other assumptions you will need to make are future tax rates, inflation and rate of return on your investments.

It is advisable to contact a qualified financial advisor to assist you with the preparation and implementation of your plan and then provide you with periodic up-dates.
 

Insulators Local 95 Benefit Trust Fund c/o Benefit Plan Administrators 
90 Burnhamthorpe Road West, Suite 300 Mississauga, Ontario L5B 3C3