PSPP employers looking for information on administering PSPP for their employees will find everything they need on the Employer Portal.
The Public Service Pension Plan is one of the biggest defined-benefit pension plans in Alberta. We have been offering members a secure, lifetime retirement income for over 75 years. The Plan has almost 90,000 members.
There are currently 27 employers who are part of PSPP. When your organization chooses to join PSPP, you will be offering a secure, lifetime pension which includes annual Cost-of-Living-Adjustments, survivor benefits and transfer agreements with other plans across Canada.
Email us to ask about joining PSPP!
Benefits for PSPP employers
- Attraction and retention
Your employees are your most important asset: PSPP can be a huge part of their compensation package. Becoming a PSPP employer enables you to attract and retain the talent that you need. Over 80% of defined-benefit plan members agree that their pension plan contributes to staying with their employer.
PSPP can play a key role in an employee’s decision to join your organization over another.
- Professional Investment Management
PSPP is legislated to work with the Alberta Investment Management Corporation (AIMCo). PSPP Corporation’s Chief Investment Officer oversees AIMCo to ensure they are generating the investment income needed to fund members’ and retirees’ pensions over the long term.
- Plan Administration
PSPP is legislated to delegate the day-to-day pension benefits administration to its agent, the Alberta Pensions Services Corporation (APS). You, as an employer, will not have to worry about the member direct services since PSPP Corporation handles all member communications and oversees the transactional work provided by APS. We also offer member sessions and employer orientation to help you get started with the plan.
- Support and assistance
As a PSPP employer, you will be partnered with a PSPP Stakeholder Representative who will answer your questions, provide support and educational material, and conduct presentations for your employees.
Benefits for PSPP members
- Secure lifetime retirement benefits
- Employer-matched contributions
- Option to bring in pension service from previous employment
- Survivor benefits
- Early retirement options
How to become a PSPP employer
When you are ready to join, there are three steps to becoming a PSPP employer.
- Contact PSPP
An assigned PSPP representative will answer your questions, assist you in determining the contributions that would be required by your organization, and send a participation questionnaire. Send an email to PSPP to start the process.
- Send PSPP participation questionnaire
Submit a completed participation questionnaire along with any requested supporting documentation.
- Eligibility review by PSPP
PSPP will contact you to discuss your organization's approval.
Once you have been approved, PSPP Corporation will work with you to offer information sessions to your employees. PSPP’s agent will then help you set up your pension administration process.
PSPP’s Stakeholder Representative will be available to help you with every step of the process. Please email us if you have any questions.