What happens if you leave your job?

If you leave your job with an employer participating in the plan, you will need to make some decisions about your pension.

When you leave your job, your pension options depend on your age and years of service in BC's Public Service Pension Plan.

You may be able to:

  • Defer your pension and apply at a later date
  • Transfer the commuted value of your pension to a locked-in retirement vehicle
  • Apply for a monthly pension if you’ve reached your earliest retirement age
  • Transfer your service to another public sector pension plan (if your new employer's pension plan has a transfer agreement with the Public Service Pension Plan)

We'll send you either a Termination selection statement or Pension estimate form showing your options.

The video below outlines your pension options should you choose to leave your job and the pension plan.