Guide for new members

Welcome to BC's College Pension Plan. As a plan member, you are eligible for a lifetime monthly pension when you retire.

When can I retire?

For most employees participating in the plan, the normal retirement age is 65 and the earliest retirement age is 55.

The age at which you retire will affect your pension. For example, your pension may be reduced if you retire before age 65 and do not meet the criteria for an unreduced pension.

According to the Income Tax Act, you must begin to receive your pension no later than December 1 of the year in which you turn 71, even if you are still working.