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