Employer Bulletin - PSPP website updated and simplified BC Pension Corporation has been working to make the Public Service Pension Plan (PSPP) website (pspp.pensionsbc.ca) easier for you to use. As a result, we are pleased to announce improvements to the website. Document Size: 88787 bytes Posted: June 09, 2010
Employer Bulletin - PensionFacts on long-term disability benefits This bulletin is to update employers on a new source of information for Public Service Pension Plan members seeking to learn more about long‑term disability (LTD) benefits. Document Size: 90197 bytes Posted: May 12, 2010
Employer Bulletin - Employer withdrawal rules approved The Public Service Pension Board of Trustees recently introduced new rules
governing employer withdrawal from the plan. Document Size: 85382 bytes Posted: February 01, 2010
MSP Rate Increase On September 1, 2009, the BC government announced increases to MSP rates. The province has increased premiums for Medical Services Plan, effective January 1, 2010. Document Size: n/a Posted: January 27, 2010
Reporting requirements for high-income earners Your organization may be affected by the 2009 pension contribution maximum set by the Canada Revenue Agency. Document Size: 85199 bytes Posted: June 12, 2009
Reporting Requirements for High-income Earners Your employees who are members of the Public Service Pension Plan may be affected by the 2007 maximum deductible pension contribution limit. Document Size: 118483 bytes Posted: August 20, 2007
Board Communique - Appointments The Public Service Pension Board of Trustees is pleased to announce the
appointment of David Vipond as Vice-chair and the re-appointment of John
Cook as Chair until March 31, 2009. Document Size: 103198 bytes Posted: May 07, 2007
2006 Report to Members The 2006 Report to Members is now online. Document Size: n/a Posted: August 16, 2006
Employer Bulletin - Reporting Requirements for High-income Earners Your organization may be affected by the 2006 pension contribution maximum set by the Canada Revenue Agency under the federal Income Tax Act and its regulations [8503(4)]. Document Size: 54165 bytes Posted: August 03, 2006
Deadline for Purchase of Service Contributions Read this bulletin for information about the deadline for POS applications at old contribution rates. Document Size: 44181 bytes Posted: March 14, 2006
Pension Bulletin: Contribution Rate Changes Please read this bulletin for information on upcoming contribution rate changes. Document Size: 51626 bytes Posted: December 16, 2005
2005 Annual Report The 2005 Annual Report is now online. Please visit the Publications or About the Plan pages to view. Document Size: n/a Posted: December 07, 2005
PSPP Joins National Public Service Pension Transfer Agreement The Public Service Pension Board of Trustees entered into the National Public Service Pension Transfer Agreement effective March 17, 2005. Document Size: 22540 bytes Posted: November 08, 2005
Employer Letter - Contribution Rate Increase Effective April 1, 2005 the employee contribution rate will increase by 0.25%. Please read the attached letter for details. Document Size: 36261 bytes Posted: March 23, 2005
Pension Bulletin: Contribution Rate Changes Please read this bulletin for information on upcoming contribution rate changes. Document Size: 120829 bytes Posted: March 17, 2005
Public Service Pension Plan Voluntary Dental Plan Rate Increase The Public Service Pension Board of Trustees announces that there will be a premium rate increase for the voluntary dental plan for retired members. Document Size: 113726 bytes Posted: December 17, 2004
2004 Annual Report The 2004 Annual Report is now online. Please visit the Publications or About the Plan pages to view. Document Size: n/a Posted: November 23, 2004
New pension transfer agreement between BC public sector pension plans As of April 1, 2004, there is a new transfer agreement between the public sector pension plans of BC called the BC Public Sector Transfer Agreement. Read this Employer Bulletin for more information. Document Size: 46193 bytes Posted: October 05, 2004
New Public Service Pension Plan Logo and Plan Colour The Public Service Pension Plan has adopted a new, unique logo and plan colour. More information is available inside. Document Size: 24749 bytes Posted: September 17, 2004
Changes to Employee Enrolment Eligibility The Public Service Pension Board of Trustees recently passed an amendment to the Public Service Pension Plan Rules that brings consistency to employee enrolment eligibility for all Public Service Pension Plan employers. Document Size: 76409 bytes Posted: June 22, 2004
Deemed Trust Provision This bulletin explains the deemed trust provision. Document Size: 59746 bytes Posted: April 15, 2004
Employer obligations re: purchase of non-contributory service This bulletin provides guidelines to assist employers in applying the plan rules, and in developing their own policies for determining when they should be paying the employer share of non-contributory purchase costs. Document Size: 70230 bytes Posted: March 29, 2004
Letter to Employers of the Public Service Pension Plan: Employer Contributions The Public Service Pension Board of Trustees has important information for Public Service Pension Plan employers from the Public Service Pension Plan Partners with respect to employer contributions. Please read the attached letter to the employers of the Public Service Pension Plan and address any questions or concerns to either the BC Government Partner at 250 387-0842 or the BCGEU Partner at 604 291-9611. Document Size: 101156 bytes Posted: January 26, 2004
Retirement Planning Package This package includes information to get your retirement planning started. Please note: This package can be completed online then printed and routed manually OR printed and completed by hand. Document Size: n/a Posted: January 16, 2004
2003 Annual Report Now Online The 2003 Annual Report for the Public Service Pension Plan is now available. Document Size: n/a Posted: December 08, 2003
2003 Training Manual now online The 2003 employer training manual is now available in the Employer Training area. Document Size: n/a Posted: August 22, 2003
What’s New on This Website Welcome to the new website. You’ll find most of the material from the previous site here. You’ll also notice some changes. Document Size: 53424 bytes Posted: June 30, 2003
Employer Bulletin on Pensionable Salary The Public Service Pension Board of Trustees recently approved an amendment to the definition of “salary” under the Public Service Pension Plan Rules. Document Size: 56798 bytes Posted: June 24, 2003
Changes to the Interplan Pension Transfer Agreement A new interplan agreement to replace the IPTA is under negotiation and is expected to be effective April 1, 2004. Document Size: 46694 bytes Posted: June 12, 2003
Early Retirement Incentive Plan If you are an employer and wish to apply to the Pension Corporation for the Early Retirement Incentive Plan for your employees, please follow the following procedure: Document Size: n/a Posted: May 14, 2003
Simplification of the Joint Life Pension Options The Public Service Pension Board of Trustees recently passed a resolution to simplify joint life options by reducing the number of options to the two that most members select at retirement. Document Size: 50815 bytes Posted: May 13, 2003
PharmaCare Registration To maintain the prescription drug coverage under your Public Service Pension Plan extended health benefits (EHB) plan, you must register with PharmaCare by May 1, 2003. Document Size: 45822 bytes Posted: April 01, 2003
Improved Pension Formula and Members' RRSP Room The plan has issued an update letter to explain how the improved pension formula affects members' RRSP room. Document Size: 121946 bytes Posted: February 18, 2003
Employer Training Workshops Members of the Pension Corporation's Employer Education and Training Team are providing training workshops for employer pension administration staff. See the Employer Education and Training page for workshop schedules. Document Size: n/a Posted: February 14, 2003
Employers Closing Down If your organization is closing its doors and ceasing operations, please notify the Pension Corporation immediately with your anticipated last day of operations so we can assist you with an orderly wind-up of pension-related matters. Please advise your employees that if they wish to purchase service, they must apply before their employment is terminated. See the Pensionfacts: Purchase of Service for more information. Document Size: 64360 bytes Posted: November 20, 2002
Wage-loss Benefits This bulletin explains what effect the change in compensation level will have on active members of the College, Municipal, Public Service and Teachers' Pension Plans. Document Size: 48112 bytes Posted: October 24, 2002
Retirees' Group Benefit Changes The Public Service Pension Board has announced changes to retirees' group benefits. Document Size: 117252 bytes Posted: October 08, 2002
Purchase of Service Simplification Reminder Read the bulletin for employers' new responsibilities under POS simplification, and other POS simplification information Document Size: 49437 bytes Posted: September 27, 2002
IMPORTANT NOTICE: Termination procedures We expect an increase in the number of terminations and layoffs in the plan over the next few months and would therefore like to remind employers of the procedures in such cases. When a plan member is terminated or laid off, please follow the termination instructions outlined in the Public Service Pension Plan Instruction for Employers on the Publications Page. Document Size: n/a Posted: April 05, 2002
Employer Council The corporation has initiated an Employer Council to meet on a quarterly basis to discuss pension options. Document Size: n/a Posted: February 11, 2002
Purchase of Service Simplification Significant changes to purchase of service rules should improve service to members and ease the administrative burden on employers and the corporation. See the bulletin for details.
Document Size: 53323 bytes Posted: December 20, 2001
BCeID Reminder Bulletin The BCeID employer activation and application for user access form is a BC provincial government initiative to create specific identifications for each organization to permit access to various on-line government services. You should have received a package of information in October that included the following material:
• Confirmation of Income Tax Numbers, PA and Member Benefit Statement data
• 2001 annual reporting requirements
• Government of British Columbia BCeID user authentication service
• BCeID employer activation and application for user access
• Employer e-mail, contact and distribution list.
Please review the BCeID documents for further information on the use of this site prior to continuing. You are reminded that you must abide by the terms of use agreement in order to continue to use this site. Inappropriate use of this site will result in the suspension or cancellation of access. Document Size: 52118 bytes Posted: December 19, 2001
BCeID Terms Of Use Statement Your failure to abide by this Terms of Use Statement (“Statement”) may result in the suspension or cancellation of your “BC Connects ID” User ID or your access to the Pension Corporation program area. In addition, both the government of British Columbia (“Province”) and the British Columbia Pension Corporation (“Pension Corporation”) reserve the right to pursue any remedy available at law or in equity. Please print a copy of this Statement for your records. Document Size: 9953 bytes Posted: October 25, 2001
BCeID Enrolment Agreement This notice include the enrolment agreement, Schedule A - Employer Activation and Application for User Access, and Schedule B - Terms of Use Statement. Document Size: 38632 bytes Posted: October 25, 2001
