Pension Life - Summer 2022

News for retired members

Welcome to the summer issue of Pension Life online. Here you can access your pension news and plan updates anytime. Plus you’ll find online features, quick links to pension resources and more!

Shape the future of extended health and dental

The plan board is currently working on ways to ensure that the plan’s extended health care and dental coverage will meet retired members’ future needs. The plan will be contacting retired members to ask for feedback. Watch the plan website and Twitter for more information about how you can get involved.

An easier way to prove your income

Instantly download an income verification letter in My Account. A financial institution, foreign government office or other organization may request proof of income on applications for certain programs and services.

Visit My Account

Join us for a photo shoot

Showcase your retirement lifestyle! Sign up to participate in a photo shoot with a professional photographer. Your photos will be used in Teachers’ Pension Plan promotional materials. You’ll receive a digital photo from the shoot as a token of our appreciation.

Sign up today

Review your contact information

Make sure we can get you the pension information you need. Update your email, address and phone number in My Account.

Review your information

Retirees’ associations

BC Retired Teachers’ Association

Guarding the interests and promoting the welfare of its members.


Retired Principals’ & Vice-Principals’ Association

BCRPVPA is a group of retired professionals with common goals and interests. It promotes the welfare of its members, fosters liaisons among members and active principals and vice-principals, and supports young people by providing scholarships and bursaries.


BC School Superintendents Association

Transforming, reforming and innovating: leading and learning together.

Smiling woman in lifejacket standing on a dock, holding phone

We have three priorities

…including extended health care and dental

Extended health and dental coverage gives you access to competitive group rates and covers medical treatment costs beyond what’s provided by provincial health plans.

Read more

Portrait of trustee Al Cornes with words ‘Meet Al!’

New trustee Al Cornes: Set up for success!

Becoming a trustee is a natural progression

Like many retirees, Al Cornes finds retirement isn’t all rest and relaxation. After a 40-year career in the education sector in Ontario and BC, Al is spending his retirement supporting teachers as a trustee with the Teachers’ Pension Plan Board of Trustees.

Read more

Change4Life logo

Get healthy, get rewarded with Change4Life

An initiative of Green Shield Canada

Support your healthy life choices with personalized tips, easy-to-use online tools, and important information – all at your fingertips.

Read more

2022 valuation results

In the winter 2022 issue of Pension Life, we noted that the December 31, 2020, actuarial valuation showed the plan has a surplus of $1.58 billion. This means that the plan has more money than is needed to pay the pensions of current and future retired members.

Since then, the board has decided to leave the surplus in the plan’s basic account. This will help the plan’s financial position when future valuations are undertaken. There will be no change to member or employer contribution rates.

Read the Board Communique

Tips and tools


Payments

Find out when to expect your next monthly payment.

View payment dates


Do more in My Account

View documents, payments and statements
Your annual pension statements, transaction statements, payment history and pension payment schedule are all available in My Account.

Go paper-free
Choose to receive email notifications when digital versions of your latest pension information are available online. Select your communication preferences when you register or sign in. Update your choice at any time under Account settings.

Contact us through Message Centre
Access your secure personal pension inbox by clicking on the envelope icon in the top right corner in My Account.

Visit My Account


Pension Life is published twice a year. You may receive more than one copy of Pension Life if you receive a pension from more than one pension plan. Read your statement letter to determine which plan provides your group benefits. Any person entitled to a benefit, or their agent, has the right to examine plan documents, data and public information about the plan.