Public Service Pension Plan A Future You Can Count On

The Public Service Pension Plan has served employees of the Government of Alberta and its agencies, boards and commissions since 1947.

In 2022, we celebrated our 75th anniversary of the Plan. We recognize the hundreds of thousands of past and current members who have participated in the Plan. We also thank the thousands of stakeholders, employee and employer representatives we have worked with over the past 75 years to ensure that this precious employee benefit remains available to our members.

By working together, members, employers and the PSPP Corporation have built a future you can count on.

The Board is unwavering in its commitment to serving Plan members. We have adopted best practices in our governance, risk management and investment decision frameworks. The Board reviews and approves the PSPP Corporation business plan and long-term strategic plan and works with the experienced staff at PSPP Corporation to ensure effective stewardship and ongoing attention to the health of the Plan. We also oversee the services of our legislated service providers, Alberta Pensions Services Corporation (APS) and Alberta Investment Management Corporation (AIMCo).

While 2022 concluded with negative investment performance, the four-year and long-term investment performance remain healthy and the Plan continues to be fully funded. The Plan has sufficient assets to pay the cost of all future benefits that have been earned to date.

There were changes to the Board in 2022, as we welcomed new members Bonnie Andriachuk and Kerry Swann. I offer my sincere thanks to all Board members for their dedicated service.

I am proud of all we have accomplished in the past 75 years. As your Board, we have inherited a tradition of working hard together – along with CEO Lynette Martin and the terrific PSPP Corporation staff – to manage the Plan, support our employers and secure member benefits for life.

Your pension is in capable hands.