MPP strengthens your organization

MPP’s defined-benefit pension plan is a strategic investment in your workforce. Give your team a pension they can count on: simple, stable and built for their future.

Join the plan

Choosing the right pension plan is an important consideration for any organization.

Whether you’re exploring pension options for the first time or ready to begin the enrolment process, this page will help you understand eligibility, employer responsibilities and the steps involved in becoming a participating employer. Here you’ll see why employers choose MPP, how the plan supports both organizations and employees, and the resources available to help you decide if joining is right for you.

Already have questions? Feel free to reach out to our team at jointheplan@mppbc.ca for personalized support. 

Are we eligible?

Learn whether your organization can apply to join MPP and what factors may be considered before starting the enrolment process.

Find out more

Responsibilities

Understand what’s expected of participating employers, from enrolling employees and remitting contributions to supporting ongoing pension administration.

We have your back

How to apply

Follow clear instructions to prepare your application, gather the required information and move your organization toward enrolment with confidence.

Secure your future now

Ready to join?

Download the application when you’re ready to take the next step and formally begin the enrolment process.

Download

Why the plan matters

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Employers

Over 1,000 employers already trust MPP.
Well-governed, professionally managed and built for the long term, MPP helps employers attract and retain talent while supporting employee financial well-being.

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Members

Nearly 500,000 members are building greater retirement security with MPP.
MPP is the largest pension plan in BC. Nearly 1 in 10 people living in British Columbia  is a plan member.

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Assets

$93.9 billion in assets ensures the plan is stable for generations to come.
Join a plan that’s financially strong—MPP’s scale and professional management help stabilize contribution rates and keep administrative and investment costs low, supporting long-term planning.

Since 1939, we’ve helped members build a more secure retirement. Learn about the value MPP brings to organizations and their employees.
A strong pension benefits everyone

Benefits for everyone

Supports employee well-being

A meaningful retirement benefit can help reduce financial stress and support overall employee well-being.

Expertly managed and well-governed

With MPP, employees can trust their pension will be there when they need it without having to navigate complex investment choices or track markets.

Top value for investment

Employers and employees both contribute to the plan, and contributions are pooled and professionally invested to support future pensions.

Supporting local economies

For every $10 of pension payment, there is $15.30 of economic activity generated in BC.

Professional management at low cost and less risk

Administration and investment fees equate to only about 0.5% of net assets. MPP’s scale and professional management help stabilize contribution rates and keep administrative and investment costs low, supporting long-term planning.

Built to grow

Employers and employees both contribute to the plan, and contributions are pooled and professionally invested. Our solid investment returns make up about 75% of the pensions paid, while the other 25% is funded by member and employer contributions.

Benefits for employers

Recruitment and retention advantage

Employers that offer strong retirement benefits are better positioned to attract and keep talent in a competitive labour market.

Supporting your team

Defined benefit pensions support employee engagement and helps develop a positive workplace culture.

A pension partner you can rely on

Offering a meaningful retirement benefit doesn’t mean navigating it alone. MPP provides employer education, implementation support, and ongoing service to help employers understand and meet their pension administration responsibilities.

Cost predictability

Our contribution rates are flat rates on employee salary. General rates are 9.31% for employers and 8.61% for employees.

Benefits for employees

Secure, established and predictable

Retirement income is calculated based on their highest five years of earnings, turning career growth into lasting security.

Holistic support for employees and their loved ones

MPP helps protect employees and their families with built-in benefits that support long-term well-being, including optional health and dental coverage in retirement as well as survivor and disability benefits.

A predictable lifetime income

An MPP pension is based on a formula, and offers a guaranteed, predictable income in retirement, giving your employees financial peace of mind.

Portability means the pension can move with them

The plan is portable, meaning employees may be able to transfer into or out of MPP when changing jobs.

Employer contributions help grow their pension

Employers contribute to the plan alongside employees, helping fund future pension benefits.

Inflation protection

To help protect against inflation, the plan includes cost-of-living adjustments on top of pension payments—while not guaranteed, they’re an important feature that adds real value over time.

Hear what’s great about MPP

“I think it gives us a leg up on other employers. The value of the Municipal Pension Plan is just unmatched.”
Renée Reid , school district payroll manager (retired)
“It was important to me to get a job with a health care provider that offers a pension. Knowing that my job will have contributed to being able to afford my life once I am able to retire is reassuring. I’ve been offered many jobs, but the pension was a factor in staying where I am.”
Dena Leier , member
“The pension was a factor in accepting this job, it gives me a sense of security for my future. I know I am going to have stability when I retire.”
Dasha Ivanenko , member

Resources

For employers

For employees

Publications

Annual report

Annual report

Learn about the plan’s financial and investment performance.

Read the Annual report
Report to members

Report to members

Review pension updates and see how the plan serves members. 

Read the Report to members
Strategic plan

Strategic plan

Learn how MPP is planning for the future and creating long-term member value.

Read the Strategic plan
Valuation report

Valuation report

Understand the plan’s funded status and long-term financial outlook.

Read the Valuation report

Have questions or need help?

Reach out to us at jointheplan@mppbc.ca to start the conversation. Our team can help answer early questions, outline what joining MPP could mean for your organization and guide you through next steps.