Pension Benefits
This site contains tools and sources of information related to pension benefits for all members of the Public Service Pension Plan (PSPP). This site will provide you with timely pension benefits information and estimating tools to calculate your pension benefits. It will help you to improve your understanding of your pension plan and assist in your career choices and financial planning decisions.
Basic Tools
Pension Benefits Calculator
The Pension Benefits Calculator will allow you to do the following:
- Calculate your Total Pensionable Service based on information entered by you;
- Estimate the value of your pension benefits (immediate pension, annual allowance, deferred annuity);
- Estimate the Transfer Value Pension Benefit (see Limitations);
- Determine the impact of buying back service on your pension entitlement; and
- Calculate your net pension based on information entered by you.
Service Buyback Estimator
The Service Buyback Estimator will allow you to do the following:
- Enable you to estimate the cost of buying back up to three periods of prior pensionable service.
Personalized Tools
Employee Benefits Statement
The Employee Benefits Statement provides you with the following:
- Future pension benefits and survivor benefits;
- Coverage under your group benefit plans; and
- Your data refreshed every three months
Pension Benefits Calculator
The Pension Benefits Calculator will allow you to do the following:
- Calculate your Total Pensionable Service based on information extracted from your pay and pension records in addition to the approximate Termination Date you enter;
- Estimate the value of pension benefits for employees with full-time and part-time service; and
- Adjust your pension benefits if they have been divided after a divorce or separation.
Service Buyback Estimator
The Service Buyback Estimator will allow you to do the following:
- Estimate the cost of buying back part-time pensionable service.