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Canada Savings Bonds Payroll Savings Program

 Selkirk College Organization ID: 12026

‌The Canada Savings Bond Campaign has started once again!  Please read the following information and CSB Employee How-To Guide

Canada Savings Bonds Program Changes

Prior to October 2012, CSBs were also offered through financial institutions, dealers, and by contacting Customer Service. Now, Canada Savings Bonds will be offered exclusively through the Payroll Savings Program. The term to maturity of all new Canada Savings Bonds will also be reduced to three years from 10 years. Organization ID:  12026.

Please visit www.csb.gc.ca/employees for more information. Any questions, contact Janine Hendry, PCP Monthly Payroll Officer at 250.365.1241 or jhendry@selkirk.ca.

Important Note to All Employees Who are Affected by the Change from a Monthly to a Biweekly Pay Frequency

Please change your existing contribution to a biweekly amount.  If you don't change your contribution amount...you may not be saving the exact $ amount that you would like. 

Note to Employees Who Have Always Been on the Biweekly Pay Frequency

If you want your contributions to remain the same....do nothing!  Your payroll deductions will continue as normal. 

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