BC College Pension Plan

BC College Pension Plan

The BC College Pension Plan was established in 1968 to serve employees of British Columbia's post-secondary institutions. It operates as one of the province's public sector pension plans with four plan partners including the Government of British Columbia, the Federation of Post-Secondary Educators of BC, the BC General Employees' Union, and the Post-Secondary Employers' Association. Investment management is handled by British Columbia Investment Management Corporation under a mandate covering buyout, growth, special situations, and infrastructure strategies. Confirmed holdings include full ownership of Corix Infrastructure Inc. through the BCI Infrastructure Pool, a 56.1 percent stake in Mosaic LP via the BCI Renewable Resources Pool, and minority positions in Transelec SA and Open Grid Europe GmbH. Real estate assets include Oakridge Park and Park Place in Vancouver plus Bayview Village in Toronto, all managed through QuadReal Property Group. Geographic exposure spans Canada, Chile, Germany, and global agriculture and timber markets. The plan reports 5,990 million USD in assets. British Columbia Investment Management Corporation has served as investment advisor since 1999. Additional service providers include the BC Pension Corporation for administration and KPMG as external auditor. In February 2024 the plan participated as a speaker at the BC Pension Forum discussing infrastructure investing and pension governance. The plan maintains membership in the Pension Investment Association of Canada, the Canadian Coalition for Good Governance, and the Shareholder Association for Research and Education. Governance is structured through formal plan partner agreements rather than a single-family or private ownership model.