The Public Service Pension Plan (PSPP or Plan) serves over 80,000 active, deferred and retired members, and is governed by the Public Sector Pension Plans Act and its regulations.
The President of the Treasury Board and Minister of Finance (the Minister) is the administrator and trustee of the Plan. The Minister, however, doesn't run the day-to-day operations. Those responsibilities have been delegated to other organizations while the responsibility for the governance of the Plan has been delegated to the Public Service Pension Board (PSP Board or the Board).
In this section, you will learn about the roles and responsibilities of the Board and the processes in place to ensure the security and longevity of PSPP. You will also learn about the various parties that support the Board in governing the Plan.