Terra Lee Klinck

Overview Representative Work Awards & Accolades Associations & Memberships Education

As Managing Partner of BMKP Law, Terra Klinck leads the firm’s strategic direction and operations while maintaining a distinguished practice in pension, benefits and executive compensation law. Terra has over 25 years of experience advising both provincially and federally regulated employers and plan administrators, primarily in the private sector, on all legal issues relating to defined benefit (DB) and defined contribution (DC) pension plans, including: governance, fiduciary responsibilities, plan administration and regulatory compliance, funding requirements, pension fund investment and surplus utilization.

Terra has a wealth of experience advising private sector employers on the restructure of their legacy DB pension arrangements, including de-risking initiatives (e.g., buy-in and buy-out annuity purchases), plan mergers and plan wind-ups.

Terra also has extensive experience advising on pension and benefit matters in corporate transactions, including mergers and acquisitions, insolvencies and restructurings.

July 24, 2025 A Walk Down Memory Lane: Navigating Employer Access to Pension Plan Surpluses

March 07, 2025 Terra Klinck recognized as one of 2025's Elite Women by the Benefits and Pensions Monitor