Pension Life - Winter 2022

News for retired members

Welcome to the winter 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!

Watch the website for updates, and don’t forget to register for My Account so you can access all your information in one place.

Tax slips available online

Your current and previous tax slips are available through My Account. Sign in to My Account today to view and print your tax slips.

Questions about completing your tax return? Visit canada.ca or call Canada Revenue Agency at 1-800-959-8281.

Get your tax slip

Welcome to retirement online

The College Pension Plan is here to support you throughout your retirement. Browse the resources available in our online version of Welcome to Retirement and come back often during your retirement journey to stay connected.

Explore now

An easier way to prove your income

Instantly access an income verification letter at any time through My Account. You can now easily download a PDF letter showing your gross monthly pension payment. Use this and other self-service options in My Account to get the pension information you need quickly and conveniently.

Visit My Account

Retirees’ association

Join the Association of British Columbia College Pension Plan Retirees (CPPR), the group that advocates for your interests. Access discounted group insurance plans covering home, travel and trip interruption.

Sign up for automatic dues deduction, and your first year’s membership is free!

Ready to go paper-free?

You can choose to receive emails when your latest pension information, like your tax slips and annual pension statement, is available online in My Account. Going paper-free is fast, secure and lets you keep track of all your important pension information in one place. Register or sign in to My Account, confirm your contact information and select “yes” to go paper-free.

Visit My Account

Capture your retirement in action

Have fun showing off your retirement lifestyle by modelling in a professional, socially distanced photo shoot. Photos will be used to promote the College Pension Plan, helping other members engage with their pension plan. To thank you for participating, we’ll send you a digital photo from the shoot.

Sign up today

Smiling woman picking vegetables at grocery store

2022 COLA: good news for retired members

You’re getting a 2.7 per cent COLA

The cost-of living adjustment (COLA) matches the annual change in the Canadian consumer price index in the 12 months up to and including October 31, 2021.

Read more

Man bee-keeping

“Paulitics” and pensions

Trustee Paul Ramsey’s second life

For Paul Ramsey—and many other retired members—hard work didn’t end with retirement. After a career as an educator, union leader and politician, he’s continuing to use his skills in research, analysis and critical thinking to support pension plan members as a trustee.

Read more

Green Shield Canada website displayed on desktop monitor and mobile

Your health and dental coverage

GSC everywhere is here to make your life easier

Green Shield Canada has you covered. Learn more about GSC’s new services.

Read more

Goodbye and hello!

On August 31, 2021, trustees Doug Birtwistle and Karen Maynes completed their terms on the College Pension Board of Trustees. Karen was appointed to the board by the BC provincial government in 2005, and Doug was appointed by the Federation of Post-Secondary Educators of BC (FPSE) in 2014. We wish Karen and Doug the best in their new endeavours and thank them for their contributions to the board and the plan.

Alison Woods has been newly appointed to the board by FPSE, and Marnie Wright has been appointed by the provincial government. We welcome both Alison and Marnie and look forward to working with them.

Tips and tools


Payments

Your payment dates
Find out when to expect your next monthly pension payment.

How to manage your banking information
Learn how to easily update your banking information and sign up for direct deposit, wherever you live.


Taxes

Tax information for retired members
It’s that time again! Find out more about the taxes that are deducted from your monthly pension payment.

Six tips for tackling your tax return in retirement
Learn how receiving a pension affects your tax return—and how you can make filing your taxes easier.


Do more in My Account

  • Sign up to go paper-free
  • View your annual pension statement and transaction statements.
  • View extended health care and dental enrolment and premiums.
  • View your payment history and payment schedule.

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.