Certain life events can have an impact on your UBC Staff Pension Plan and lead to a change to your personal information and pension benefits.
Changing Your Address or Personal Information
Keep the UBC Pension Administration Office informed of any changes to your personal information to ensure that our records are up-to-date.
Moving Into a New Position or Changing Your Hours at UBC
A job change at UBC may affect your pension benefits.
Leaving UBC
When you leave UBC and stop making contributions to your pension plan, you will have to decide what to do with your pension benefit.
Retiring
Before you retire, you have a number of key decisions to make.
Marriage, Common Law, Separation & Divorce
Your marital status has an impact on who is entitled to your survivor benefits. In the event of the breakdown of your marriage or common law relationship, your assets may be subject to division between you and your partner.
Leaves of Absence
There are various types of leave and during your temporary leave your pension benefits may be affected.
Living Outside Canada
If you move outside of Canada, your pension benefit payments may require special attention.
Designating Your Beneficiary
Your beneficiary is the person(s) or organizations(s) that you choose to receive your pension benefits after your death.
Power of Attorney & Third Party Authorization
If you have a power of attorney (POA) in place to handle your financial affairs, please ensure the UBC Pension Administration Office has a copy of this document on file.
In the Event of Your Death
In the event of your death before or after retirement, there are some things that will happen in regards to your pension benefit.
