How the plan’s investments are doing
The board reports annually on the plan’s fund. This section includes highlights from the last year.
The Municipal Pension Board of Trustees reports annually on the plan’s fund. This annual report includes audited financial statements.
Information reported here is current as at the plan’s year end of December 31, 2021. In 2021, the global economy experienced a strong recovery despite continued market volatility and uncertainty as the world faced ongoing headwinds from the COVID-19 pandemic. Supply chain disruptions persisted and regional differences in vaccine availability affected the pace of the reopening of economies around the world. These were all challenges that BCI took into account when managing the plan’s portfolio throughout the year.
The Municipal Pension Plan is sustainable. The board’s long-term view ensures the security of the basic lifetime pension for every member, from long-time retirees to newly contributing active members.
To learn more watch the 2021 financial highlights presentation from the November 2022 annual general meeting.