Retirement health coverage premiums
Find out the cost of retirement health coverage.
BC's Municipal Pension Plan may pay a portion of the premiums for your extended health care and Medical Services Plan of BC coverage. You are responsible for paying the full premium cost for your dental plan coverage.
The Municipal Pension Board of Trustees reviews extended health care and dental premiums regularly and they may change. This means that the premiums you are required to pay may change in the future.
Any premiums you are required to pay for your retirement health care are automatically deducted from your monthly pension payment. We deduct premiums one month in advance. For example, January premiums are deducted from your December pension payment.
If your pension payment cannot cover the premiums, you can pay the extended health care and dental plan premiums directly to Pacific Blue Cross through a pre-authorized withdrawal from your bank account. You will receive an invoice from the BC Government for your MSP premium.
This direct payment option is also available to your spouse after your death, if the pension continues to be paid and your spouse was covered by the extended health care or dental plans when you died. Contact us for more information.
Note: any extended health care or dental premiums you are required to pay may be tax deductible as part of your eligible medical expenses.