Your pension has the potential to be your greatest financial asset. It will be the major part of your income when you retire. Its spending power through full indexing is not guaranteed. Indexing is an increase applied to pensions to try and maintain the spending power of the pension over time.
Within the next year, the Teachers’ Pension Board of Trustees is making decisions that will allow your pension plan to maintain some measure of indexing into the future. The BCTF is looking for input from you, members of the pension plan, to give the Teachers’ Pension Board of Trustees feedback on options that meet the financial needs of both active and retired members of the pension plan.
Where: Fernie Secondary School library
When: October 26th, 4:30 PM
Who should be attending: Any member of the Teachers’ Pension Plan
Why: To find out why full indexing is not guaranteed for the future and what options may be available to sustain some measure of indexing.
Your opinion is crucial. Your voice is important. Please take the time to attend the meeting.
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