Retirement health coverage premiums

Find out the cost of retirement health coverage.

BC's Teachers' Pension Plan does not subsidize extended health care or dental premiums.

Coverage can change at any time, and your premiums, subsidies and deductibles could increase, decrease or be eliminated.

The premiums you pay for retirement health coverage are automatically deducted from your monthly pension payment. If your pension payment cannot cover the extended health care and dental premiums, you must pay Green Shield Canada directly through pre-authorized debit.

We deduct premiums one month in advance. For example, if you retire on June 30, your pension is effective July 1 and coverage will begin August 1. The deduction for August will be taken from your July pension payment.

Extended health care and/or dental coverage begins on the first of the month after the month your pension is effective. A deduction will be taken from your first pension payment.

If you require extended health care and/or dental coverage beginning the first of the month your pension is effective, you can indicate this when you apply for your pension. An additional deduction will come off your first pension payment: one for the current month and one (in advance) for the following month.

Note: The extended health care and dental premiums you pay may be tax deductible as part of your eligible medical expenses.