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      The PSSP provides retirement benefits to individuals who work in a Nova Scotia government department or at a participating municipality, university, agency, board, or commission.

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  4. 2017 PSSP Review

2017 PSSP Review

A comprehensive review (Review) of the Public Service Superannuation Plan (PSSP) was completed in 2017-2018. Amendments to the Public Service Superannuation Act (Act) received Royal Assent on April 18, 2018.

The Review was mandated by Section 47 of the Act. The Public Service Superannuation Plan Trustee Inc. (Trustee) commissioned the Review in late 2016. The process spanned more than two years.

The Review sets out 12 main recommendations for the Trustee to consider, in response “to stakeholder concerns, changes in the Canadian pension landscape and to build on the Plan’s success.” The recommendations fall into the following primary areas:

1.  benefits and eligibility, funding policy, and actuarial assumptions;
2.  governance;
3.  strategic considerations; and
4.  plan text updates and ‘housekeeping matters’.
 

Document
2017 Independent Review Final Report
Document
PSSA 2017 Review Summary of Steps
Document
Correlation with Independent Review Recommendations


The Trustee would like to take this opportunity to thank all who participated in the Review and contributed to its success. The next Plan review pursuant to Section 47 of the Act will occur in 2022 (with preparatory work commencing in 2021.)

  • April 7, 2017

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My Retirement Plan offers active plan members (not available to retirees) secure access to their personalized pension information online. Members can:

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