PSPP is a defined benefit pension plan. This means that your pension is based on a set formula and not how much you have paid into the Plan. The pension formula takes into account your pensionable salary and years of service, so the longer you contribute to the Plan and the higher your salary, the larger your pension will be.
If you are looking for a fast way to estimate your pension, the following estimator tools are also available:
- The Pension Estimator, found on this website, allows you to calculate different "what-if" scenarios by entering your own figures for salary and years of service.
- The Pension Projection Calculator allows you to project the amount of your future PSPP pension based on the pension information we have on file for you. This is available only to PSPP members who can access their personal information on mypensionplan.ca.