MBS and Report to Members distribution

You have until September 27 to provide the Member's Benefit Statement (MBS) and 2022 Report to Members to your employees who are plan members if:

• You have not arranged for Pension Corporation to distribute them directly to your employees in the mail
• Your employees have yet to go paper-free with My Account

Please let your employees know they can:

• Choose to go paper-free by August 9 to receive this year's MBS digitally; share this information sheet for details
• Access their MBS in My Account near the end of August
• Read the 2022 Report to Members on the plan website
• Expect to receive these documents in the mail by the end of September, if receiving paper copies

Note: The Pension Benefits Standards Act requires that each of your employees receive their MBS and 2022 Report to Members within 180 days after the plan's fiscal year-end.

Consult these Distributing member's benefit statements and the Report to Members instructions for complete details.

We've set the date for website launch!

The updated employer website and portal are almost ready, and we’ve set the launch date. You will start using the new sites on Tuesday, October 11!

In preparation for the launch, we’re preparing a series of resources and learning opportunities. Watch for more information in the September and October newsletters. Demonstration webinars will also be available for registration in August.

Our employer operations team will be here to help you every step of the way as we all transition to the new platform. We’re sure that you’re going to love the new look, feel and functionality as much as we do. We can’t wait to show you what we’ve been working on. See you soon!

For questions, contact employer.outreach@pensionsbc.ca.

Web Services user access housekeeping

Please help protect your employees' pension data online. Keep your Web Services user accounts up to date to maintain security. Add and remove staff, as needed. It's easy and takes only minutes.

Follow the Web Services user access confirmation instructions.

Spaces available in Value of the Plan webinar

If you're involved with employee recruitment, you'll want to take the new Value of the Plan webinar. Register on the secure employer website for an August or September webinar.

Take this webinar to gain a better understanding of:

• How the plan is valuable for you and your employees
• How you can use the plan to help with recruitment and retention
• The benefits of My Account for your employees

Public sector helps the economy

New research from the Canadian Public Pension Leadership Council shows that public sector pension plans benefit the Canadian economy. For example, every $10.00 of a public sector pension paid to an employee who is a retired member or beneficiary results in $15.77 of economic activity in BC. This supports 110,600 jobs and over 7,000 businesses in BC.

Learn how BC's public sector pension plans make a difference.

Your voice matters—take the employer survey

If you have signed in to the secure employer website over the last year, you may be randomly chosen to participate in the next employer survey. It takes only 10 minutes to complete, and your feedback lets us know what you think about the products and services we provide to you as a plan employer. Survey invitations will be sent in September. Your feedback, including comments and suggestions, is anonymous and cannot be traced back to you.

We send out this survey four times a year: in March, June, September and December. Find out what your peers have shared in the past survey.