HALIFAX, NS -- Public Service Superannuation Plan Trustee Inc. (PSSPTI) announced today that the Public Service Superannuation Plan (Plan) achieved a positive net return of 5.56% (5.71%, gross of investment fees), exceeding its benchmark by 1.25% and generating $413 million in total investment income in the fiscal year 2021-2022 ending on March 31, 2022.
Your Spring 2022 PSSP newsletter is now available.
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Expressions of Interest are currently being accepted to fill an upcoming vacancy on the Board of PSSPTI to represent non-union, active employees of participating employers of the PSSP.
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Halifax, NS – July 29, 2021 – Nova Scotia Pension Services Corporation (NS Pension) has released its 2020-2021 Annual Report (Report).
The Report states NS Pension finished the year with almost $13 billion in assets under management for the Public Service Superannuation Plan (PSSP) and the Teachers’ Pension Plan (TPP).* “NS Pension successfully navigated through very turbulent waters in fiscal 2020-2021,” stated NS Pension Board Co-Chairs, John B. Carter and Keiren Tompkins.
HALIFAX, NS - Public Service Superannuation Plan Trustee Inc. (PSSPTI) announced today that the Public Service Superannuation Plan (Plan) achieved a positive rate of return on investments of 15.75%, net of investment management fees (15.93%, gross of investment management fees), generating $1 billion in total investment income in fiscal year 2020-2021.
The Plan’s funded status increased to 97.6% as at March 31, 2021 from 91.4% the previous year. Plan liabilities were valued at December 31, 2020, with a funded ratio at that date of 97.9%.
HALIFAX, NS - Public Service Superannuation Plan Trustee Inc. (PSSPTI) has completed its comprehensive funded-health review (2020 Funded-Health Review) of the Public Service
Superannuation Plan (Plan). The 2020 Funded-Health Review was conducted in accordance with provisions in the Public Service Superannuation Act (PSSA), which mandates PSSPTI to review the Plan’s funded health every 5 years.
HALIFAX, NS - Public Service Superannuation Plan Trustee Inc. (PSSPTI) has published the 2018-2019 Public Service Superannuation Plan (Plan) Annual Report.
In fiscal year 2018-2019, the Plan achieved a positive rate of return on investments of 5.33 per cent (gross of investment management expenses), generating $335 million in total investment income. The total net assets for the Plan were approximately $6.5 billion and, as of March 31, 2019, the Plan was 101.9 per cent funded.
Halifax, NS – January 3, 2019 – Nova Scotia Public Service Superannuation Plan Trustee Inc. (PSSPTI) has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI).
HALIFAX, NS - Public Service Superannuation Plan Trustee Inc. (PSSPTI) has published the 2017-2018 Public Service Superannuation Plan (Plan) Annual Report.
The Plan’s Annual Report states that, in fiscal 2017-2018, the Plan achieved a positive rate of return on investments of 5.77 per cent (gross of investment management expenses), generating $343 million in total investment income. The total net assets for the Plan were approximately $6.4 billion and, as of March 31, 2018, the Plan was 103.4 per cent funded.
HALIFAX, NS - Public Service Superannuation Plan Trustee Inc. (PSSPTI) is pleased to announce that Cape Breton Regional Municipality (CBRM) has transferred its defined benefit pension plan into the Public Service Superannuation Plan (PSSP). This transfer resulted in 1157 new members, including 724 active members, being welcomed to the PSSP.