BC Pension Plan

GPTKB entity

Statements (53)
Predicate Object
gptkbp:instance_of gptkb:urban_area
gptkbp:actuarial_valuation conducted every three years
gptkbp:administered_by gptkb:BC_Pension_Corporation
gptkbp:annual_report published yearly
gptkbp:beneficiary spouse or dependents
gptkbp:benefits retirement income
gptkbp:collaboration works with other pension plans
gptkbp:contribution_history tracked for each member
gptkbp:cost_of_living_adjustment annual adjustments based on inflation
gptkbp:eligible_employees employees of the provincial government
gptkbp:established gptkb:1999
gptkbp:financial_reports audited annually
gptkbp:governance gptkb:Board_of_Trustees
https://www.w3.org/2000/01/rdf-schema#label BC Pension Plan
gptkbp:investment various asset classes
gptkbp:investment_strategy long-term growth
diversified portfolio
guidelines for investment decisions
managed by professional fund managers
gptkbp:location gptkb:British_Columbia
gptkbp:member_portal online access for members
gptkbp:members public sector employees
gptkbp:membership_fee variable based on salary
gptkbp:migration can transfer to other pension plans
gptkbp:pension_age age 65
gptkbp:pension_calculation based on years of service and salary
gptkbp:pension_disbursement monthly payments to retirees
gptkbp:pension_fund invested in various markets
gptkbp:pension_plan_amendments subject to regulatory approval
gptkbp:pension_plan_benefits defined benefits upon retirement
gptkbp:pension_plan_communications regular updates to members
gptkbp:pension_plan_design designed to provide security
gptkbp:pension_plan_eligibility criteria for joining the plan
gptkbp:pension_plan_funding funded through member and employer contributions
gptkbp:pension_plan_history has evolved since its inception.
gptkbp:pension_plan_outreach engagement with members and stakeholders
gptkbp:pension_plan_regulations compliance with provincial laws
gptkbp:pension_plan_review conducted periodically
gptkbp:pension_plan_sustainability focus on long-term viability
gptkbp:pensionable_earnings salary and wages
gptkbp:receives_funding_from fully funded
gptkbp:regulatory_body gptkb:Financial_Institutions_Commission_of_British_Columbia
gptkbp:retirement public sector pension plan
assistance provided to members
available at age 55 with reduced benefits
gptkbp:risk_management strategies in place to mitigate risks
gptkbp:services provides support and information
gptkbp:student_organizations workshops and resources available
gptkbp:survivor_benefits available for beneficiaries
gptkbp:type defined benefit plan
gptkbp:type_of tax-deferred contributions
gptkbp:bfsParent gptkb:Dave_Barrett
gptkbp:bfsLayer 6