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Get to know your pension – whether you're just starting your job or retirement is around the corner.
Guide for new members
Welcome to BC's Public Service Pension Plan. As a plan member, you are eligible for a lifetime monthly pension when you retire.
Enrolling in the pension plan
Enrolment in BC’s Public Service Pension Plan is mandatory for many employees. Your employer will automatically enrol you in the plan.
How pension contributions work
You contribute to your pension through automatic payroll deductions. Your employer also contributes to your pension.
Types of plan members
There are four types of members: active, inactive, retired and limited.
Understand your member benefit statement
You will receive an annual statement showing useful information about your pension, including estimates of your future pension payments.
Get your member benefit statement
You will be mailed a statement each year showing information about your pension. You can also view it online in My Account.
Understand your retired member pension statement
As a retired member of the plan, you will receive a pension statement in January each year showing the most current information about your pension.
When will you get your pension statement?
As a retired member, you will receive a pension statement in January each year.
What is the year’s maximum pensionable earnings?
The year’s maximum pensionable earnings amount is set by the federal government.
What happens if you leave your job
If you leave your job with an employer participating in the plan, you will need to make some decisions about your pension.
Making changes to your plan information
You can make changes to your plan information by signing in to My Account or contacting the plan.
Managing your account information
Divorce and separation
Taking time off work and buying service
Retirement health coverage
Taxes and pension payments
Planning for retirement
Applying for your pension
Death and death benefits
Appealing a decision
Back to Your pension
Take Getting to know your pension
This 15-minute online learning can answer your questions about having a pension and being a member of the plan.
Take it today!