Governance documents

Explore the laws, regulations and internal governance documents that guide the College Pension Board of Trustees.



The work of the College Pension Board of Trustees is guided by and subject to legislation, regulations and plan governance documents, including the following:

Governance documents of BC's College Pension Plan (internal links)


Post-retirement Group Benefit Rules
These rules describe the terms and conditions of group benefit coverage for retired members.
Posted: June 27, 2012

Funding Policy
This policy outlines the principles that guide the board and its actuary in managing the financial position of the College Pension Plan.
Posted: June 23, 2016

 

Federal and provincial legislation (external links)


Family Law Act

This provincial legislation describes the legal requirements when dividing financial assets after a spousal relationship breaks down.

Income Tax Act

This act describes the rules and definitions used to determine, among other things, taxable income and the amount payable.

Income Tax Regulations

These regulations outline how to apply the Income Tax Act, including details about calculating taxable income, pension plan limitations, applying deductions and filing information returns.

Pension Benefits Standards Act

This legislation provides the rules and definitions that apply to provincially regulated pension plans.

Pension Benefits Standards Regulation

Along with the Pension Benefits Standards Act, this regulation applies to provincially regulated pension plans.

Public Sector Pension Plans Act

This provincial legislation sets the joint governance framework; it also established British Columbia Pension Corporation and British Columbia Investment Management Corporation.

Wills, Estates and Succession Act

This provincial legislation describes the legal requirements when writing a will and distributing the assets of an estate.