Investments and Sustainability

The COLA Plan Funds were negotiated and designed for the specific purpose of providing COLAs to retired HEPP members. 

Contributions to the COLA Plan Funds are invested and managed by the HEPP COLA Investment Committee. A financial summary of the Plan is provided annually in the HEB Manitoba Report to Members.

The COLA Plan Board is diligent in its ongoing evaluation of the long-term sustainability of the COLA Plan. Before granting any COLA benefits, the Board conducts annual reviews to track and evaluate the availability of funds, to monitor the effects of external factors, and to explore options available to ensure the COLA Plan Funds are best positioned for the future.

 

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Disclaimer - This website provides a basic overview of the Healthcare Employees' Pension Plan (HEPP) and the Healthcare Employees' Benefits Plan (HEBP) (collectively the HEB Manitoba Pension and Benefit Plans). Not all employers participate in all Plans. Please check your eligibility for benefits with your employer.

HEB Manitoba is a name notation registered by the Healthcare Employees’ Pension Plan – Manitoba and the Healthcare Employees’ Benefits Plan – Manitoba and under which each of their respective undertakings is carried out.

The information on this website is for convenience of reference only and has no official sanction. View our full disclaimer here.