Pension Funds

We invest on behalf of 11 public sector pensions plans. As our largest client group, this accounts for approximately 77.8 per cent ($133.2 billion) of the assets under management. BCI’s investment activities help our clients secure the pensions of nearly 630,000 plan members in our six largest pension plans alone. They include:

The Municipal Pension Plan has nearly 350,000 active, inactive, and retired members in B.C. Members come from a variety of sectors across the province, including health, municipalities, and school districts.

The Public Service Pension Plan serves more than 132,000 active, inactive, and retired plan members from B.C.’s public sector, including the provincial government, transportation, health care, and others.

The Teachers’ Pension Plan has more than 98,800 active, inactive, and retired plan members, including teachers, vice-principals, principals, and superintendents from school boards across the province.

The College Pension Plan has about 30,000 active, inactive, and retired plan members, including employees and senior administrators at 23 public post-secondary institutions across B.C.

The BC Hydro Pension Plan is a single-employer plan that serves eligible employees of BC Hydro. The plan has more than 13,000 members.

The WorkSafeBC Pension Plan is a single-employer plan that serves eligible employees of WorkSafeBC. The plan has more than 6,000 active, inactive, and retired members.

Insurance Funds

We invest on behalf of three insurance funds that account for 20.2 per cent ($34.6 billion) of our assets. Our purpose is to help ensure the long-term financial sustainability of these funds.

Our two major insurance funds clients are:

  • WorkSafeBC is a provincial statutory agency that serves approximately 2.5 million workers and 249,000 registered employers in B.C. The WorkSafeBC Accident Fund, an investment fund, provides compensation to workers in their recovery, rehabilitation, and safe return to work.
  • ICBC is a provincial Crown corporation that provides universal auto insurance, driver licensing, and vehicle licensing and registration to B.C. motorists. They currently provide more than three million Autoplan insurance policies each year. ICBC’s investment income helps to reduce the amount of premiums needed from policyholders.

Special Purpose Funds

Special purpose funds include public trusts, endowments, and government bodies who have funds and investments requiring professional management, representing 2.0 per cent ($3.5 billion) of our assets.

Investment returns help provide financing required for maintaining government initiatives such as:

 

  • a fund to promote sustainable economic development in Northwestern British Columbia;
  • a fund to support the creation, development, or presentation of works of art at events or venues to provide significant exposure; and,
  • a fund to help students complete their training programs when original training providers are unable to complete delivery of the courses.