The BC Teachers’ Pension Plan has announced a 2.2% cost of living increase for 2019. Cost of living increases are not guaranteed, but once received they establish a new baseline for pensions.
To see a recent history of annual increases, go to https://tpp.pensionsbc.ca/what-cost-of-living-adjustments-have-been-granted.
The pension payment dates for 2019 have been set as follows:
[av_one_third first av_uid=’av-5994qx’]January 30
[av_one_third av_uid=’av-3helu1′]May 30
[av_one_third av_uid=’av-avnwp’]September 27
The BCRTA Pensions and Benefits Committee recently did an in-depth analysis of cost of living adjustments for BC retired teachers, and how teachers in BC fare compared to other provinces. You can view that report here.