Pension Life - Municipal
Pension Life
Winter 2026 | Your go-to source for pension news, plan updates and resources to support you in retirement
Did you know...
Faster. Safer. Paper-free.
Your tax slips and annual statements are available online in My Account. They are not sent by mail unless you signed in to My Account and opted out of digital distribution and notifications.
Your pension story can inspire others
We’re working with a professional photographer to capture the journeys of retired members. Are you interested in sharing your story and being photographed? We would love to hear from you!
This is a chance to share your experiences and inspire others. Photo shoots are being planned for the year ahead.
As a thank-you, you’ll receive digital copies of your photos.
To participate, email memberphotos@pensionsbc.ca.
Download past issues of Pension Life (PDF)
Summer 2025
Posted: July 17, 2025
Winter 2025
Posted: January 9, 2025
Summer 2024
Posted: July 11, 2024
Winter 2024
Posted: January 11, 2024
Five issues of Pension Life are posted online. For archived electronic versions, please contact the Municipal Pension Plan.
Stable today, secure tomorrow: Your cost-of-living adjustment is 2.1 per cent
Message from trustees
Your pension is designed to support you through retirement, even as the cost of living changes. The board has approved a 2.1 per cent cost-of-living adjustment (COLA) effective January 1, 2026. This increase helps your pension keep its value over time. In this article, you’ll find details about how your COLA is calculated, how it applies if you recently retired and how it helps protect the long-term value of your pension.
Health care and dental rates
The Municipal Retiree Benefit Trust (MRBT) offers optional extended health and dental coverage to retired members of the plan. These group benefits are designed to complement provincial healthcare and provide cost-effective, meaningful support—helping you access the care you need throughout retirement.
These new monthly rates are in effect as of February 1, 2026. They are reflected in the deductions from your January pension payment and may change at any time.
Visit Extended health care plan premiums
Visit the About the Municipal Retiree Benefit Trust web page to learn more about MRBT and the coverage options available to you.
Tips and tools
Payments
Find out when to expect your next monthly payment.
New to retirement?
Learn how your pension supports you in retirement, what health coverage you may have and where to find helpful resources.
Do more in My Account
My Account provides secure 24/7 access to your pension information. You can:
- Update your contact information
- Manage your banking details
- View your payment history
- Review your beneficiaries
- …and much more
Know any plan members who have not registered for My Account? Help spread the word and encourage them to register today.
Message Centre
Need help? Message Centre is your secure, personal pension inbox. Sign in to My Account to access the Message Centre links on your dashboard. Ask us a question, check the status of your service request quickly and easily, anytime.
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.