Pension basics

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

Regardless of occupation, there are four types of plan members: active, retired, inactive and limited. Learn what this means.

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 receive a statement each year showing information about your pension.

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.

How to address a concern or appeal a decision

Find out the steps you can take if you have a concern about how the plan rules were applied.

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Take Getting to know your pension

As you embark on a new and exciting part of your life, get answers to your questions about what it means to have a pension and be a member of the plan. Take the 15-minute online course.

Start learning!