Annual MPP Reminder

Members of the Municipal Pension Plan who took any unpaid leaves of absence (LOA) during 2015 should mark March 31, 2016 on their calendars.

Up until March 31, members of the Municipal Pension Plan can buy back pensionable service for unpaid LOAs taken in 2015, and the employer will be obligated to pay their share of contributions to your pension plan for the first 20 days (150 hours) of unpaid leave. After March 31, you will be required to pay the employers' portion of your pension contribution, as you would for unpaid leave time beyond the first 20 days (150 hours).

Members of the Public Service Pension Plan have up to five years to purchase up to 30 days of unpaid leaves in a calendar year. The employer is required to pay their share of contributions.

All Municipal or Public Service Pension Plan members considering any other purchases of service should also be aware that all pension contributions are based on your current wage rate.

Municipal Pension Plan and Public Service Pension Plan members are able to buy back service for any unpaid LOAs taken in the previous five years. Time when you were not contributing to your pension can also be purchased as long as it is within five years of the application date. This includes probation and time worked as a casual or part-time employee when you were not a plan member.

Details concerning purchase of service can be found on the Municipal or Public Service Pension Plan website at www.pensionsbc.ca.

You can also contact:

Deb Ducharme
Executive Councillor - Pensions
604-433-2268 ext. 2868 or 1-800-663-9991
dducharme@bcnu.org

Bella Brown, EMBA
Coordinator, Servicing
604-433-2268 ext. 2161 or 1-800-663-9991
bbrown@bcnu.org