To increase account security, members and pensioners will be required to set up multi-factor authentication (MFA) as part of Your Pension Profile (YPP). Members will no longer be able to verify their identity using security questions that might be guessed. MFA is a security process that requires users to provide two or more verification factors…
Starting in 2025, PSPP members benefit from a new feature allowing employers to electronically authorize retirement applications through PensionEase. Currently, active members must pause their online application in PensionEase to obtain employer authorization for their retirement date. To streamline this process, an automated verification system will be introduced for members in Your Pension Profile (YPP)…
As a member of the Public Service Pension Plan (PSPP), you have dedicated years of service to your career. Whether you are early in your career, approaching retirement or already retired, it is natural to wonder: Will my pension be there when I need it? Will it last as long as I need it? We…
On November 7, 2024, the Government of Alberta rescinded all AIMCo Board appointments and appointed President of the Treasury Board and Minister of Finance Nate Horner as sole director and Chair. PSPP Corporation assures our members and employers that their pension fund and benefits remain secure. PSPP Corporation oversees the $20 billion fund and sets…
Your spouse or pension partner receives special protection under the Plan rules and in the sole beneficiary of your pension benefit if you pass away before or after retirement. Currently, PSPP rules do not allow you to add a pension partner in retirement. Starting in January 2025, Plan rules are changing! If you get married,…
As of January 1, 2025, your Sponsor Board has announced there will be no contribution rate changes. Member and Employer Contribution Rates for 2025 Rate on salary up to $71,300 8.3% Rate on salary over $71,300 11.9%