Benefits Focus 2027

Plan design and rates for 2027

HPE has completed its annual review of the benefits plan to ensure it continues to be competitive in both design and cost sharing.

There are no plan design changes for the coming year. Although medical inflation continues to rise, HPE will absorb these increased costs, resulting in no changes to medical or dental flex pricing. We have also negotiated modest rate reductions for the Basic Life and Long-Term Disability (LTD) plans, and those savings will be passed on to team members where applicable. Optional Life insurance rates will remain unchanged.

Your individual costs will depend on the options you select and the number of dependents you cover. During Annual Enrollment, you’ll be able to review, model, and compare your costs directly in the HPE Benefits Enrollment Tool.

The Wellness Report – Thank you to everyone who participated in HPE’s wellness campaign this October. Employees who completed the health survey will receive a $150 HCSA credit in late January for use during the 2027 plan year.

Beneficiaries – During annual enrollment, take the time to review your beneficiary designations and update if needed. Beneficiary designations are made directly on the enrollment site and no paper forms are required.

Bonus Redirect – Consider putting your bonus to work in your workplace savings plan (RRSP or TFSA). Check your contribution limits, then from November 16–27, 2026, log in to Visit mysunlife.ca and use MAX Review to direct your bonus. This may reduce taxes and boost your savings. Full details will be shared in a separate communication on November 16, 2026.

HPE Group RRSP – Take the time to review your contributions to the company sponsored HPE Group RRSP. Contributions are made through payroll deduction and grow tax-free until they are withdrawn. Don’t miss out on the dollar-for-dollar company match on the first 5% of eligible earnings you contribute to the program.

You can also choose to allocate your excess flex dollars to the Group RRSP during your annual benefits selection. Visit Sun Life any time to change your HPE Group RRSP contribution rate or update your RRSP contribution room.

HPE Benefits Enrollment Tool provides an intuitive digital experience when selecting your benefits for annual enrollment. Access the HPE Benefits Enrollment Tool from HPE Benefits Connect.

  • Review and update your beneficiaries during enrollment with no paper forms required.
  • Your HPE Retirement & Savings program contributions, limits and bonus redirect are now managed directly on the Sun Life site (no longer in the annual enrollment tool). Excess Flex Credits can still be allocated to the HPE RRSP during enrollment.
  • Visit Sun Life at any time to:
    • Set, review and update your HPE Group RRSP contribution rate.
    • Direct all or part of this year’s Variable Performance Bonus (VPB) or Pay for Results (PFR) bonus to your HPE Retirement and Savings Program
    • Check your account balances or make investment changes.

HPE offers programs and resources to support your physical, financial, and emotional health.

  • Check out the  MyFiTage online tool to model a variety of scenarios to help you understand what steps to take to build your wealth early and have your money last as long as possible during your retirement years.
  • Be sure to register for TELUS Health Virtual Care, so that you are set if you or your family members need access to virtual care.