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 Municipal Pension Plan. As a plan member, you are eligible for a lifetime monthly pension when you retire.
Enrolling in the pension plan
Learn how enrolment rules apply to you.
Types of plan members
There are four types of plan members: active, inactive, retired and limited.
How pension contributions work
You contribute to your pension through automatic payroll deductions. Your employer also contributes to your pension.
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 is an amount set by the federal government. Find out how it may affect your pension.
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.
What are the member groups?
The plan has specialized member groups for police officers and firefighters.
You may be part of an employee group that has a special agreement with the plan. If so, contributions under the special agreement may be transferred to a locked-in retirement vehicle or used to increase your lifetime monthly pension.