How the plan’s investments are doing

Learn how the investment portfolio of BC's Teachers' Pension Plan performed in recent years.


Annual returns and benchmarks

The plan tracks returns annually and over the longer term.

  • The board has set a 5.75 per cent actuarial return target. This is the amount the plan’s investments need to earn to meet its long-term targets.
  • For 2023, the plan returned 7.6 per cent. This exceeded the plan’s return objective of 5.75 per cent but fell short of the benchmark return of 11.5 per cent.
  • For 2023, the ten-year annualized return was 8.0 per cent, above the market benchmark of 7.2 per cent.

Longer-term results are important. The board’s primary objective is to ensure the long-term sustainability of the plan, making sure that all members, from those retired to those who just joined, receive a pension.

Investment return vs benchmark (%)

Investment return vs benchmark chart


Related content for investments

Annual report

Valuation report

Governance documents