Annual report - Municipal
Annual report
Strength in diversity
You’re part of a plan strengthened by diversity across investments, members and employers, reaching every corner of British Columbia. In 2025, your board provided steady oversight to protect and build on that foundation. Explore how it helped deliver strong results in 2025 and continues to support a secure retirement for members across British Columbia.
View the 2025 report or keep scrolling for highlights.
Protecting the pension promise
The board’s role is to ensure the plan remains strong for current and future generations. Through careful stewardship, long-term thinking and responsible investment management, the plan continues to provide retirement security that members can count on.
Your board is focused on maintaining a strong, resilient pension plan, guided by diverse perspectives and long-term stewardship to support members across B.C.
A strong financial future
$0
in assets
$0
in investment income
0
funded
$0
in pension benefits paid
0
annual rate of return
In 2025, the plan’s assets grew to $93.9 billion, more than doubling over the past 10 years. See the highlights that help keep the plan strong, sustainable and secure for the future.
Previous annual reports
Five years of annual reports are posted online. For archived reports, please contact the Municipal Pension Plan.
Members: Building a future
More than 490,000 members across four generations rely on the plan. A healthy balance of active and retired members supports the plan’s long-term sustainability.
The pension was a factor in accepting this job, it gives me a sense of security for my future. I know I am going to have stability when I retire.
Employers: Growing together
MPP employers benefit from stable, predictable costs. Together, they represent diverse sectors, communities, organizations and sizes throughout the province.
1,010
employers across B.C.
7.3%
growth in employers
over 10 years
over 10 years
$3.7 billion
in the rate
stabilization account
stabilization account