BC Pension Corporation

Last updated

BC Pension Corporation
Industry pension system
Founded2000
Headquarters2995 Jutland Road
Victoria, British Columbia
V8T 5J9
Key people
  • Laura Nashman (CEO) (2008-present)
  • Trevor Fedyna (CFO)
  • Joel Levinson (VP)
  • Aaron Walker-Duncan (VP)
Website Official website

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 plan members and employers.

Contents

The corporation collects contributions, processes benefits and issues pension payments, and provides policy, financial and communication services for the five respective boards of trustees. Collectively, the corporation serves approximately 560,000 plan members and 1,100 plan employers as of April 27, 2020, [3] and pays out more than CA$349 million in benefits each month (CA$4.2 billion a year) to over 181,000 retirees. [4] Laura Nashman is the current chief executive officer of the corporation, beginning in December 2008. [5] [6] Ms Nashman succeeded Gail Stephens who left the corporation in March 2008. [7]

Leadership

Board of directors

[8]

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References

  1. "Pensions in the Public Sector". Province of British Columbia. January 16, 2017. Archived from the original on May 18, 2017. Retrieved August 26, 2020.
  2. Baert, Rick (December 10, 2015). "10 largest Canadian public pension funds' assets top $1 trillion — report". Pensions & Investments. Archived from the original on September 9, 2020. Retrieved August 26, 2020.
  3. Yerema, Richard; Leung, Kristina (March 27, 2020). "Top Employer: BC Pension Corporation". Mediacorp Canada. Archived from the original on February 18, 2021. Retrieved August 26, 2020.
  4. "About Us". BC Pension Corporation. Archived from the original on April 6, 2020. Retrieved August 26, 2020.
  5. "Laura Nashman, BC Pension Corporation, Profile and Biography". Bloomberg. Retrieved August 26, 2020.
  6. "LNashman Faculty Bio" (PDF). Gustavson School of Business - University of Victoria. October 30, 2017. Archived (PDF) from the original on April 8, 2018. Retrieved August 26, 2020.
  7. "BC Pension Corporation Names New CEO" (PDF). BC Pension Corporation. Retrieved August 26, 2020.
  8. "Our Board". BC Pension Corporation. Archived from the original on January 8, 2019.