Pension Plan Monthly Payments

Contributions to the Pension Plan are done on an as-received basis.  Only those payments that are received by the FBP Administrator will be submitted on behalf of the plan member.  In order to ensure that contributions are made on a timely basis it is important that the employer make payments as soon as possible after deduction from employee payroll.

The monthly contributions are forwarded to the FBP Administrator by cheque, made payable to the FOURSQUARE BENEFIT PLAN.  Many churches have employees participating in both the Pension Plan and Group Insurance Plan.  All payments can be included in one monthly cheque.

Click here to download the MONTHLY PAYMENT DISTRIBUTION FORM

ADDITIONAL VOLUNTARY CONTRIBUTIONS

A member may make voluntary contributions, in addition to the regular contributions.  Amounts may also be transferred into the Plan that were received or receivable by the member as an eligible retiring allowance or a cash withdrawal benefit under any other plan or registered retirement savings plan (subject to the limits allowed under the Income Tax Act.)