Pensions and Benefits
Welcome to the Pensions & Benefits. If you have any questions, concerns or comments, please contact Juleen McElgunn, Executive Director: jmcelgunn@sd53.bc.ca
BCSSA's representative on the Teachers' Pension Plan Advisory Committee is Terry Sullivan, Superintendent of Schools, SD 73 Kamloops-Thompson. Read the meeting reports listed below:
May 6 & 7, 2010 meeting report
January 29, 2010 meeting report
2009 draft Report on the BCTF
Pension Consultation (January 2010)
TPP Funding Article (June 2006)
Summary of Pensions Indexing vs. Health Benefits (February 2006)
The Joint Benefit Management Committee announced that the 2004 Long-Term Disability (LTD) renewal results were positive and, as a result, there was no premium increase for 2004. Minor LTD plan design changes were made to comply with pension plan requirements for service accrual of disabled members.
Purchase of Service - The TPP has modified the purchase of service rules to allow members to purchase leaves that ended before April 1, 2002, no later than March 31, 207, while an active TPP plan member. (If you terminated your employment with one TPP employer but became a plan member with a new TPP employer you may be eligilble to purchase your leave.)
Purchase of Service - November 2005
Purchase of Service Deadlines - May 2005
Timelines and Conditions for Purchasing Leaves of Absence in the Teachers' Pension Plan
To learn more about the purchase of service rules and deadlines, go to:
Interprovincial Reciprocal Transfer Agreement - TPP members may be able to transfer service from another province's pension plan to the TPP under the agreement.
Teachers' Reciprocal Transfer Agreement
Links
The Pension Corporation website provides information on the Teachers' Pension Plan and is a good place to start your search for details on a wide variety of pension-related topics.
Guide For Plan Members
Dividing the Pension when a Spousal Relationship Ends
Pensionfacts: Pension Options Available to Retiring Members
Pensionfacts: Your Pension Payment
BC Pension Forum Power Point presentations (December 2008)
Pensionsbc.ca
Teachers' Pension Plan
TPP Board Publications (includes meeting highlights, annual reports)
BCTF Pensions Page
Benefits Canada
Morneau Sobeco Pension Statistics (2007)
Shareholder Association for Research and Education (SHARE)
Watson Wyatt
Memo from BC Investment Management Corporation (bcIMC) CEO, Doug Pearce (October 2008)
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