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Responsibilities | Pension Plans
Overview - Pensions Department
Current Industry Events
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Alert:
Due to our office relocation the efilings application will be unavailable commencing the evening of February 9th until the evening of February 12th
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The Superintendent of Pensions administers and enforces the Pension Benefits Standards Act (the "PBSA"). The PBSA governs employment pension plans that have members in British Columbia. The chief administrative officer responsible for administration and enforcement of the PBSA is the Superintendent of Pensions.
The PBSA balances the interest of pension plan members and plan sponsors by setting minimum standards for British Columbia pension plans. The minimum standards apply in areas such as eligibility, vesting, portability, survivor benefits, employer contributions, and disclosure to members. The PBSA also includes restrictions on the investment activities of pension plans as well as minimum funding and solvency requirements.
Information describing the PBSA in plain language is available online in two documents: Pension Benefits Standards Act - Information for Pension Plan Members, and Pension Benefits Standards Act - Questions & Answers
The Superintendent of Pensions is not responsible for programs administered by the federal government such as the Canada Pension Plan ("CPP"), Old Age Security ("OAS"), or Guaranteed Income Supplement ("GIS"). For enquiries related to these programs contact the CPP or OAS (1 800 277-9914, or 1 800 343-8282 from outside Canada).
Contact Details
For further information on the requirements of the Pension Benefits Standards Act, or about the policies and activities of the Superintendent of Pensions, please contact us.
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