BC Pension Corporation
We deliver professional services, create value
and build strong relationships
with those we serve.
What we do
We meet evolving needs of pension plan clients through insightful analysis and consistent delivery of quality service.
BC Pension Corporation is one of the largest professional pension service providers in Canada. We serve over 650,000 active and retired members and more than 1,000 plan employers, paying out $400 million in benefits each month ($5.1 billion a year) to over 212,000 retirees.
One in nine BC citizens is a member of one of the five pension plans we serve.
Services include providing plan information to members and employers, managing contributions and member records, paying pension benefits, and providing policy, financial and communication services to plan boards. We are a community of dedicated professionals who share common beliefs about client service and a desire to make our organization an even better place tomorrow than it is today.
We have a diverse team with a variety of specialized and professional roles – from client service and pension experts, financial and technology roles to creative and communications roles – together we foster a culture that encourages innovation, continuous improvement and a passion for delivering an outstanding customer experience.
Who we serve
Our professional expertise and full suite of services make the pension experience easy for plan members, employers and trustees of BC’s College, Municipal, Public Service, Teachers’ and WorkSafeBC pension plans.
College Pension Plan
The College Pension Plan includes over 25,400 active, inactive and retired members from most of the publicly funded post-secondary institutions in BC.
Municipal Pension Plan
The Municipal Pension Plan has over 309,000 active, inactive and retired members in BC. Members come from a variety of sectors across the province, including health, municipalities and school districts. The plan is the sixth-largest defined benefit pension plan in Canada.
Public Service Pension Plan
The Public Service Pension Plan serves over 119,000 active, inactive and retired members in BC’s public sector. The plan is the seventh-largest defined benefit pension plan in Canada.
Teachers’ Pension Plan
The Teachers’ Pension Plan has almost 93,000 active, inactive and retired members from all school districts across BC. The plan is the ninth-largest defined benefit pension plan in Canada.
WorkSafeBC Pension Plan
The WorkSafeBC Pension Plan is a single-employer plan that serves eligible employees of WorkSafeBC. The plan has over 5,200 active, inactive and retired members.
Municipal Retiree Benefit Trust
The Municipal Retiree Benefit Trust manages the benefits trust fund and administers the group benefit program available to retired members of the Municipal Pension Plan.
Our business partners
We’re proud to partner with other leading organizations.
British Columbia Investment Management Corporation
British Columbia Investment Management Corporation (BCI) provides investment management services to the pension plans we administer. One of Canada's largest investment managers, BCI manages more than $171 billion in assets on behalf of public sector pension plans, insurance funds, and special purpose funds.
Pacific Blue Cross
Pacific Blue Cross provides optional health care coverage to the retired members of the Municipal Pension Plan.
Green Shield Canada
Green Shield Canada provides optional health care coverage to the retired members of the College, Public Service and Teachers' pension plans.
Eckler Ltd. provides actuarial valuations and support services for each of the five pension plan boards.