Pension Life - Summer 2022

News for retired members

Welcome to the summer issue of Pension Life online. Here you can access your pension news and plan updates anytime. Plus you’ll find online features, quick links to pension resources and more!

Join us for a photo shoot

Showcase your retirement lifestyle! Sign up to participate in a photo shoot with a professional photographer. Your photos will be used in Public Service Pension Plan promotional materials. You’ll receive a digital photo from the shoot as a token of our appreciation.

Sign up today

Shirley Marshall and Michelle Armstrong, retired plan members
Shirley Marshall and Michelle Armstrong,
retired plan members

Retirees’ association

Join British Columbia Government Retired Employees’ Association (BCGREA) to connect with other retirees and their spouses about pension issues, meet former co-workers, make new friends and have a voice about your pension.

Member discounts are available for out-of-province medical coverage, house insurance and life insurance, hearing aids and travel packages.

An easier way to prove your income

Instantly download an income verification letter in My Account. A financial institution, foreign government office or other organization may request proof of income on applications for certain programs and services.

Visit My Account

Review your contact information

Make sure we can get you the pension information you need. Update your email, address and phone number in My Account.

Review your information

Woman on porch holds pill bottle and calls pharmacy

Three reasons to feel good about your pension

Your plan is here for you in ways that you may not be aware of

In this summer update, learn about the many ways you can count on your plan to help provide you with a secure retirement.

Read more

Plan rule and policy changes

Reduced reduction rates for members with less than two years of service

Revised plan rule amendment no. 57—effective April 1, 2022
Plan rule amendment no. 58—retroactively effective April 1, 2018

Plan rule amendment no. 58 updates the early retirement reduction rates for regular members with less than two years of contributory service, for service earned on or after April 1, 2018. Plan rule amendment no. 57 clarifies the updated reduction rates that apply to regular members with public safety service who terminate on or after September 30, 2015, for service up to March 31, 2018. Affected retired members will be contacted by the end of October 2022.

Pensions support communities

A recent report by the Canadian Centre for Economic Analysis shows that every $10.00 of a public sector pension paid to a retired member or beneficiary results in $15.77 of economic activity in BC. This supports 110,600 jobs and more than 7,000 businesses in BC! The report can be found on the Canadian Public Pension Leadership Council website.

Read the full report

Change4Life logo

Get healthy, get rewarded with Change4Life

An initiative of Green Shield Canada

Support your healthy life choices with personalized tips, easy-to-use online tools, and important information – all at your fingertips.

Read more

Tips and tools


Payments

Find out when to expect your next monthly payment.

View payment dates


Do more in My Account

View documents, payments and statements
Your annual pension statements, transaction statements, payment history and pension payment schedule are all available in My Account.

Go paper-free
Choose to receive email notifications when digital versions of your latest pension information are available online. Select your communication preferences when you register or sign in. Update your choice at any time under Account settings.

Contact us through Message Centre
Access your secure personal pension inbox by clicking on the envelope icon in the top right corner in My Account.

Visit My Account


Pension Life is published twice a year. You may receive more than one copy of Pension Life if you receive a pension from more than one pension plan. Read your statement letter to determine which plan provides your group benefits. Any person entitled to a benefit, or their agent, has the right to examine plan documents, data and public information about the plan.