An overview of the pension application process
Ready to apply for your pension? You can apply 90 days before your pension effective date.
Your retirement is just around the corner! Now that you've done some retirement planning and considered your pension options, it's time to apply for your pension.
When you’re ready to retire, you’ll need to apply for your pension – you won’t receive it automatically when you stop working.
When you can apply
The earliest you can apply for your pension is 90 days before your pension effective date, which is the month you want to begin receiving your pension. Note that your pension effective date is not the same as your pension payment date. It’s a good idea to apply as soon as you're eligible to do so, and no later than 30 days before your pension effective date.
|Pension effective date||Apply on or after|
|January 1||October 3|
|February 1||November 3|
|March 1||December 1 (December 2 if a leap year)|
|April 1||January 1 (January 2 if a leap year)|
|May 1||January 31 (February 1 if a leap year)|
|June 1||March 3|
|July 1||April 2|
|August 1||May 3|
|September 1||June 3|
|October 1||July 3|
|November 1||August 3|
|December 1||September 2|
Tell the plan and your employer that you are retiring
Contact BC's Municipal Pension Plan to let us know your pension effective date. You’ll also need to tell your employer when you plan to retire and your last day of work.
How to apply for your pension
You can apply for your pension online by signing in to My Account and completing an eight-step application process:
- Select your pension effective date to begin
- Review your personal profile information and make any required changes
- Confirm information about your spouse, if applicable
- Choose a pension option
- Name your primary and alternate beneficiaries
- Review the health coverage available to you after you retire and apply for the coverage you want
- Provide your banking information so we can directly deposit your monthly pension payment into your bank account
- Review your pension application and submit it online to the plan
You do not need to complete the eight steps all in one sitting. You can save your application and go bact to it at any time before submitting it to the plan. However, please note that delaying your application may also delay the date of your first pension payment.
What happens next
After you apply for your pension, we will review your application and contact you if we need any additional information.
Contact us if you have questions
If you have any questions about the pension application process or timelines, please contact us – we’re here to help.