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Federal Public Service Pension Plan at a Glance

If there is a discrepancy between any printed version and the electronic version of this document, the electronic version will prevail.

Legislation

  • The Public Service Superannuation Act (PSSA) governs the pension plan for employees of the Public Service of Canada

Funding

  • The Plan is funded from contributions of the employer (Government of Canada) and plan members
  • Since April 1, 2000, contributions are invested in the financial markets

Operations

  • Minister responsible for the plan: President of the Treasury Board
  • Administrator of the plan: Minister of Public Works and Government Services Canada
  • Publication: the booklet Your Pension Plan describes the main provisions of the plan
  • A report on the public service pension plan is published each year and is posted on the TBS Web site

Membership/Contributions

  • Employees appointed on an indeterminate basis (minimum 12 hours per week) or for terms of more than six months start participating in the plan from the beginning of their employment; term employees (six months or less) begin after completing six months of continuous employment
  • The contribution rates for active plan members of the public service pension plan for 2011 and 2012 are as follows:
Description 2011 2012
On earnings up to maximum covered by the CPP/QPP 5.8% 6.2%
On any earnings over the maximum covered by the CPP/QPP 8.4% 8.6%
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