Pension Update

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Greetings, Colleagues in Retirement,

Please find, attached, the report arising out of the Pension Consultations, held province-wide by the BCTF, in 2009/10. You may recall that these consultations were held, via local meetings and/or online surveys, to seek input and guidance from the Teachers' Pension Plan membership, as to how to address future shortfalls in the Inflation Adjustment Acccount, of our pensions. As indicated in the note below, the report will go to the 2010 BCTF Annual General Meeting in March (the BCRTA is allowed representation at the Pensions section, of the BCTF AGM, and a number of the BCRTA Executive and Committee members will be attending to give input on behalf of the BCRTA membership).

Wishing us all a happy pension outcome!

Valerie Dyer
PQRTA President (2009-10)


Pension Update

BCTF Pension Consultation Report, 2010


Many BCRTA members attended local meetings of the Pension Consultation process and many others went online to do the Inflation Adjustment Account (IAA) survey. Following four months of local meetings and analysing the survey responses of over 8,000 pension plan members, the Pension Consultation Report to the 2010 BCTF Annual General Meeting is now available online at the BCTF web site.

http://bctf.ca/SalaryAndBenefits.aspx?id=19748


The link below will take you directly to the full report in pdf format.


http://bctf.ca/uploadedFiles/Public/SalaryBenefits/Pensions/2009ReportOnPensionConsult.pdf