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BC Pension Corporation is one of the largest pension plan administrative agents in Canada with assets in excess of CA$123.6 billion. [1] [2] Created in 2000 with the passage of the Public Sector Pension Plans Act, the corporation provides pension administration services on behalf of British Columbia's College, Municipal, Public Service, Teachers', and WorkSafeBC pension plans for each of their ...
British Columbia Investment Management Corporation which uses the trade name BCI, is a Canadian company established by way of the 1999 Public Sector Pension Plans Act to provide investment services to British Columbia ’s public sector pensions plans. It invests in multiple asset classes which are in both public and private markets.
Locked-in retirement account. A locked-in retirement account (LIRA, French: compte de retraite immobilisé (CRI)) or locked-in retirement savings plan (LRSP) is a Canadian investment account designed specifically to hold locked-in pension funds for former registered pension plan (RPP) members, former spouses or common-law partners, or surviving ...
Ontario regulates approximately 8,350 employment pension plans, which comprise more than 40 per cent of all registered pension plans in Canada [1] It was originally enacted as the Pension Benefits Act, 1965 (S.O. 1965, c. 96), and it was the first statute in any Canadian jurisdiction to regulate pension plans. [2]
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The Canada Pension Plan Investment Board (CPPIB) is a Canadian Crown corporation established by way of the 1997 Canada Pension Plan Investment Board Act to oversee and invest the funds contributed to and held by the CPP. As of December 31, 2022, the CPP Investment Board manages over C$ 536 billion in assets under management for the Canada ...
Old Age Security (OAS) is a monthly payment available to qualifying citizens and permanent residents of Canada who are 65 years old and older. Authorized by Section 94A of the Constitution Act of 1867, [1] the program is defined by the Old Age Security Act (R.S.C., 1985, c. O-9). [2] Implementation is the responsibility of the Minister of ...
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related to: bc pensions my account