The Municipal Pension Board of Trustees has consulted with employers and unions on the issue of the proposal to implement a new Group 5 to provide a higher accrual rate for members in public safety occupations (police officers and firefighters). Consultation sessions were held April 16, 2008 in Victoria and April 23, 2008 in Vancouver. The documents posted here are related to this consultation.
Employer Group 5 Enrolment Application The Group 5 member group will have higher accrual and contribution rates for members, and is limited only to police officer and firefighter employees. Document Size: 120384 bytes Posted: May 26, 2010
Pension Calculation Charts This document shows various calculations of pensions under Group 2 and Group 5 pension formulas. Document Size: 24667 bytes Posted: April 21, 2008