Joint trust agreement

Read the Teachers' Pension Plan Joint Trust Agreement.


BC's Teachers' Pension Plan has a joint trusteeship governance structure. The joint trust agreement, signed by the plan partners, empowers the Teachers' Pension Board of Trustees to administer the plan, subject to limitations set out in the agreement and applicable laws.

This agreement provides a framework where plan members and employers share the responsibility of plan governance and the risks and rewards of plan sponsorship.

20th Anniversary of joint trusteeship

In celebration of the 20th anniversary of joint trusteeship, we interviewed trustees and former trustees to about the value this agreement has brought to the plan. In this video, they share their experiences from its beginnings and memorable moments since.

Read the joint trust agreement and its amendments


Joint Trust Agreement 
Posted: April 2001

Joint Trust Agreement - Amending Agreement No. 2 
Posted: May 2015

Joint Trust Agreement - Amending Agreement No. 3 
Posted: December 2015

Joint Trust Agreement - Amending Agreement No. 4 
Posted: July 2019

Joint Trust Agreement - Amending Agreement No. 5 
Posted: July 2019

Joint Trust Agreement - Unofficial Consolidation - June 2019
Posted: July 2019

Joint Trust Agreement - Restatement - June 2021
Posted: July 2021