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Transition to Sun Life Financial

These changes apply to the McGill University Savings Program :

  • McGill University Pension Plan (MUPP)
  • Group Retirement Savings Plan (RSP)/Group Locked In Retirement Account (LIRA)
  • McGill Group Life Income Fund (LIF)/Group Retirement Income Fund (RIF)

Communiqués

PDF icon Change in Record Keeper - Notice to Members of the McGill University Pension Plan (June 2020)

PDF icon Upcoming Changes - McGill University Savings Program - sent to all staff (June 2020)

Important dates to remember

Functionality to join or make changes to your Group RSP (members of MUPP only)

DISABLED - June 19, 2020

Deadline to submit lump-sum contributions to your Group RSP to Morneau Shepell (members of MUPP only)

June 30, 2020 - DISABLED

Deadline to submit existing investment changes to Morneau Shepell via the secure site (excluding glide path option) August 11, 2020 by 8:00 a.m. (ET)
Deadline to submit online instructions for interfund transfers to Morneau Shepell August 11, 2020 by 8:00 a.m. (ET)
Deadline that deferred members or members over age 65 without pending transactions can request a settlement package from Morneau Shepell August 11, 2020 before 8:00 a.m. (ET)
Deadline to request a withdrawal or transfer out of your holdings (as permitted) - all applicable settlement forms must be in order August 11, 2020 before 4:00 p.m. (ET)
Date that all transactions via secure site with Morneau Shepell will be frozen (viewing only).  Due to transition, the trade date of August 15th has been advanced to August 11th August 11, 2020 after 4:00 p.m. (ET)
Deadline to request online withdrawals, supported by Morneau Shepell August 11, 2020 before 4:00 p.m. (ET)
Delay in investment of contributions from pays of August 14th, August 20th and August 28th.  Contributions will be invested by Sun Life using the August 31st, 2020 valuation date August 14 - 28, 2020
Date members will have viewing access to mysunlife.ca End of August 2020

 

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