B.C.'S UNION SINCE 1919

Pensions

After a lifetime of work, no one should have to retire in poverty. That’s where your pension comes in. Most BCGEU members have a pension promise: a guaranteed, predictable and reliable income after they stop working. Having a pension is like saving automatically - and efficiently - for retirement.

The plan you are enrolled in depends on your employer and collective agreement.

Learn more about how pensions work.

PENSION PLANS

Three quarters of BCGEU members are enrolled in a pension plan, including: the Public Service Pension Plan (PSPP), the Municipal Pension Plan (MPP), the College Pension Plan (CPP). These pension plans will provide guaranteed income in retirement.

PSPP MPP College Pension Plan


BCGEU also offers its own plan, the BC Target Benefit Pension Plan (BCTBPP).

The majority of BCGEU Operational Services (Component 10) members participate in the BC Target Benefit Pension Plan. Some members participate in Group Registered Retirement Savings Plans.

BC Target Benefit Pension Plan


Others participate in the Central Union Pension and Benefits Trust, United Way Pension Plan, or their employee RRSP.

Central One United Way

Central One covers the following BCGEU credit unions:

  • First Credit Union
  • First Insurance Agency
  • Grand Forks & District
  • Interior Savings Okanagan
  • Interior Savings Thompson
  • Vancity Credit Union

United Way covers the following:

  • YWCA

VIEWING YOUR PENSION INFO

DO YOU KNOW YOUR PLAN?


YES, I KNOW MY PLAN

If you're with PSPP, MPP, or College Pension Plan...
Register or sign in to your account to view your pension information.

If you're with the BC Target Benefit Pension Plan...
Register or sign in on D.A. Townley's website to view your pension information (Need help registering? Refer to the quick reference guide).

If you're with the plans below...

  • Central Union Pension and Benefits Trust:
    (Credit Unions with Central One, First Credit Union, First Insurance Agency, Grand Forks & District, Interior Savings Okanagan, Interior Savings Thompson, and Vancity Credit Union)
    Check your pension statement or ask your employer
  • United Way Pension Plan:
    (YMCA)
    Check your pension statement or ask your employer
  • Employee RRSP:
    Check your statement for who holds your RRSP or ask your employer

NO, I DON'T KNOW MY PLAN

There are three ways to find out what pension plan you're on:

  1. By the color of your pension statements*
  2. By logging into the BCGEU Member Portal
    (If you haven't registered for an account, please sign up for one.)
    Once you're logged in, click on "My Pension" on the left column under "Resources".
  3. Ask a colleague, your shop steward, or your employer

* Burgundy = Public Service Pension Plan
  Green = Municipal Pension Plan;
  Purple = College Pension Plan;
  Blue = BC Target Benefit Pension Plan

HAVE A QUESTION ABOUT YOUR PENSION?

If you’re in the PSPP, MPP, or College Pension Plan and cannot find your statement:

  • Email Pensions Corporation at pensioncorp@pensionsbc.ca
  • OR call:
    • PSPP: 1-800-665-3554
    • MPP: 1-800-668-6335
    • College Pension Plan: 1-888-440-0111 or 604-559-5761

If you're in the BC Target Benefit Pension Plan:

  • Contact the Plan Administrator (D.A. Townley): 1-800-663-1356

If you're on another plan listed below:

  • Central Union Pension and Benefits Trust:
    • Defined Benefit Plan: 1-844-451-9698
    • Defined Contribution Plan: 1-800-724-3402
  • United Way Pension Plan: Contact your employer
  • Employer RRSP: Contact your employer

For general questions: