Pension basics

Get to know your pension – whether you're just starting your job or retirement is just 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.

Take an eLearning course

Are you new or thinking of joining the plan? Here's an introduction to the value and benefits of plan membership.

Attend a workshop

Maximize your pension by understanding how the decisions you make throughout your career can affect your 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.