Retirement & Survivor Benefits

If you are 55 or older when you retire or leave your employment at UBC, you can choose to participate in the Retirement and Survivor Benefits (RSB) Program. The RSB Program also provides benefits to eligible surviving family of UBC faculty and staff.

The RSB Program includes three benefit plans:

You can enrol in one or more of these plans. The coverage offered by these plans is not the same as the benefits offered to current UBC employees. For example, the cost of vision care is not covered under the RSB Program, and the reimbursement level for some services and supplies is different.

Enrolment deadline

If you want to enrol in the RSB Program, you must do so within 31 days of:

  • retiring or leaving your employment at UBC and/or
  • the end of your coverage under the UBC Benefit plans if you are a surviving dependent of a UBC employee.

If you do not enrol in the RSB Program within this time frame, you will not be able to join at a later date.

Deciding if the RSB Program is right for you

Enrolling in the RSB Program when you leave your employment at UBC after the age of 55 is an optional, one-time opportunity.

You might find it useful in your decision-making process to:

  • consider the cost of the plan,
  • assess the benefit coverage offered by the plan,
  • examine your past experience with medical and dental expenses,
  • forecast your future medical and dental expenses,
  • speak with your financial advisor, and
  • check for competitive rates and coverage with other providers of private medical and dental coverage.

Learn more

Learn more about:

If you are retiring from UBC, please visit our Retirement section for more information.