If I am changing jobs, should I consider working for an employer with a pension plan?

If you are changing jobs, you should definitely consider working for an employer with a pension plan. A pension plan is a retirement savings plan that is sponsored by an employer. There are many benefits to having a pension plan, including:

  1. A pension plan can provide you with a secure retirement income.
  2. A pension plan can help you save money on your taxes.
  3. A pension plan can give you peace of mind knowing that you have a retirement savings plan in place.
  4. A pension plan can provide you with financial security in retirement.
  5. A pension plan can provide you with a retirement income that is indexed to inflation.
  6. A pension plan forces you to save for retirement. 

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Always seek advice from your financial planner. If you are a member of one of the BC Public Sector Pensions plans, you can see what the Pension Corporation says about your situation. Their pages provide a detailed summary of your options.