Pension basics

Get to know your pension – whether you’re just starting your job or retirement is just around the corner.


Guide for new members

Learn more about your WorkSafeBC Pension Plan, which provides you with a monthly lifetime pension when you retire.

Becoming a member of the plan

You are eligible to join the plan if you are a permanent full-time or part-time employee of WorkSafeBC.

How pension contributions work

You contribute to your plan through automatic payroll deductions, and WorkSafeBC also contributes to your pension.

Types of plan members

There are four types of plan members: active, inactive, retired and limited.

Understand your member benefit statement

You will receive a Member’s Benefit Statement once a year showing useful information about your pension, including estimates of your pension benefit.

Get your member benefit statement

You will be mailed a Member’s Benefit Statement each year; you can also view this statement in My Account.

Understand your retired member pension statement

As a retired member of the plan, you will receive a pension statement in January each year showing the most current information about your pension.

When will you get your pension statement?

As a retired member, you will receive a pension statement in January each year.

What are the year's maximum pensionable earnings?

The YMPE is a value set by the federal government each year that we use to calculate your pension contributions and benefits.

What happens if you leave your job?

If you leave your job, you will need to make some decisions about your pension.

Making changes to your plan information

You can make changes to your plan information by signing in to My Account or contacting WorkSafeBC People Services or WorkSafeBC Pension Plan.

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My Account - anytime, anywhere

Check your My Account profile regularly to update and manage your personal information.

Sign in to My Account