PSPP Corporation has published its 2023 Annual Report, where you will see that the Public Service Pension Plan Fund has grown to $18.46 billion with a 9.2% investment performance, net of fees!
In this year’s Annual Report, you will find some Plan demographics about our members and employers. Both Board Chair David Lardner and CEO Lynette Martin offer their perspective on the Public Service Pension Plan and the Corporation’s activities over the course of 2023. Make sure you take a look at a summary of the organization’s Purpose, Promises and Values!
The next series of sections offer a range of analysis.
- Dig in to Plan Funding for information about the Plan valuation, the funding principles used, as well as contribution rates for members and employers. The overall financial health of the Plan is explored in Plan Financial Highlights.
- The Investment Performance section examines the financial health of the Plan. Its performance in 2023 is detailed, and then the oversight information is provided: PSPP Corporation shares its investment framework, policy and asset mix, as well as Responsible Investment policies.
- Under Pension Administration Expenses, readers can discover management discussion and analysis as well as expenses associated with pension administration.
- In a new section this year, member and employer outreach and engagement efforts are outlined in Serving our Members and Employers.
- Finally, available for download are the financial statements and auditor’s report for both the Plan and the Corporation, as well as a PDF version of the entire Annual Report.
You can find the 2023 Annual Report, previous Annual Reports, and other important documents on our Funding & Investment Publications page.