The PPMP at a glance

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THE PPMP
AT A GLANCE
April 2016
Newsletter for the members
and pensioners of the
Pension Plan of Management
Personnel (PPMP)
RETURN ON THE MEMBERS’ FUND FOR THE PPMP
IN 2015
In 2015, the PPMP members fund generated a return
of 9.9%, which allowed it to exceed the threshold
of 10 billion dollars. The fund is invested in the Caisse
de dépôt et placement du Québec (CDPQ) in various
categories of assets such as stocks, bonds, infrastructures
and real estate investments.
Except for the Canadian stocks, for which the return was
of -3.9%, all asset categories presented a positive return in
2015. This means that the bonds generated a return of 3.8%
and the categories of assets American Stocks and Worldwide
Quality Stocks stood out with respective returns of 21.7% and
21.5%. These high returns are explained in particular by the
appreciation of the majority of foreign currency in relation
to the Canadian dollar. As for the asset categories Real
Estate, Infrastructure and Private Investments, they obtained
respective returns of 13.1%, 6.6% and 8.4% in 2015.
Evolution of the 302 Fund – PPMP
(in billion dollars)
12
10
8
7.3
7.7
6.0
6
6.4
6.8
7.1
7.8
8.7
9.6
10.4
4
2
0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Return Evolution from 2006 to 2015
(percentage)
The PPMP members fund performance
during the last 10 years
During the last 10 years, the PPMP members fund generated
an average return of 6.0% a year. These investment results
have contributed to the growth of that fund, for which the
holdings went from 7.3 billion dollars in 2006, to 10.4 billion
dollars in 2015.
20
15
10
5
0
-5
-10
-15
-20
-25
-30
14.0
9.8
5.5
13.3
9.2
12.0 11.8
9.9
4.9
-24.1
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
MAILING OF THE STATEMENT
OF PARTICIPATION
In 2015, more than 22 550 Statement of Participation have
been sent to PPMP members.
The 2016 mailing of the Statement of Participation for the
2014 data should start in a few weeks. It will be carried out
by sector according to the following schedule:
Education sector
May 2016
Health
and social services sector
May 2016
Public sector
June 2016
RETIREMENTS IN 2015
During the year 2015, 1 503 members
of the PPMP have retired at an average
age of 60 years old. Their average
annual pension amounted to $52 158.
In addition to the details of your participation to the PPMP
for the year 2014, established from the data provided
by your employer, you will find information about the
benefits payable upon your retirement, end of employment
and death.
To find out more about the Statement of Participation,
a precious tool to help you plan your retirement,
visit our website.
PPMP ACTUARIAL VALUATION
In the coming months, Retraite Québec’s actuaries will prepare a new actuarial valuation of the PPMP and it should be
presented to the Retirement Committee during the fall of 2016. The basis of that actuarial valuation should determine the
contribution rate of the PPMP members effective January 1, 2017.
THE PPMP AT A GLANCE
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PPMP RETIREMENT COMMITTEE
Reminder of the main roles of the retirement committee
•Establish the investment policy (jointly with the CDPQ).
•Sanction the financial statements of the pension plan.
•Examine the actuarial valuation reports.
•Entrust to a committee the reexamination of decisions.
List of members
Mr. Jacques Racine
Mr. Stéphane Gamache
Secrétariat du Conseil du trésor
Independant member, president of the retirement
committee
Mrs. Isabelle Garneau
Mr. Patrick Bessette
Mrs. Gabrielle Gonthier-Houle
Ministère de la Santé et des Services sociaux
Mrs. Anne-Marie Chiquette
APER Santé et Services sociaux
Mrs. Nadyne Daigle
Regroupement des associations de cadres en matière
d’assurance et de retraite
Mrs. Carole Doré
Association des cadres supérieurs de la santé
et des services sociaux
Mr. Guy Émond
Ministère des Finances
Mrs. Isabelle Fournier
Alliance des cadres de l’État
Mrs. Marie-Pier Gagnon
Secrétariat du Conseil du trésor
Secrétariat du Conseil du trésor
Ministère de l’Éducation et de l’Enseignement
supérieur
Mr. François Labbé
Beneficiaries representative
Mrs. Josée Lamontagne
Coalition de l’encadrement en matière de retraite
et d’assurance
Mrs. Christiane Laroche
Ministère de l’Éducation et de l’Enseignement
supérieur
Mrs. Isabelle Marcotte
Secrétariat du Conseil du trésor
Mrs. Valérie Pepin
Association des gestionnaires des établissements
de santé et de services sociaux
Mrs. Line Pineau
Association des cadres des collèges du Québec
THE PPMP AT A GLANCE
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RETRAITE QUÉBEC: SERVICES OFFERRED
TO THE MEMBERS OF THE PPMP
Since January 1, 2016, Retraite Québec regroups under a unique organization all
the services previously offered by CARRA and the Régie des rentes du Québec.
This way, the expertise and quality of the services remain. Therefore:
•Depending on your situation, you will continue to receive your Statement of
Participation or your annual statement of benefits Your Pension.
•If you receive a pension from the PPMP, you will continue to receive your tax
documents at the beginning of the year.
•Actuarial valuations will continue being done for the PPMP.
•The roles and representation of the members of the PPMP Retirement
Committee remain the same.
To find out more about our organization, visit our website.
TO CONTACT US
On Internet www.retraitequebec.gouv.qc.ca
By phone
418 643-4881 (Québec region)
1 800 463-5533 (toll free)
Persons with a hearing impairment
418 644-8947 (Québec region)
1 855 317-4076 (toll free)
By fax
418 644-8659
In person or by mail
Retraite Québec
475, rue Saint-Amable
Québec (Québec) G1R 5X3
Subscribe to our electronic mailing list
By subscribing to our electronic mailing list, you can keep up
with the latest information on the various public sector pension
plans. The registration form is available on our website.
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