About the Government of Canada Pension Centre
What we do
- The Government of Canada Pension Centre is the primary office responsible for the administration of the pension plan for Federal Public Service employees, the Public Service Superannuation Act (PSSA).
- We also provide administrative support to the underwriters responsible for several public service group benefit plans:
- Public Service Health Care Plan (PSHCP)
- Public Service Management Insurance Plan (PSMIP)
- Disability Insurance Plan (DI)
- Post Retirement Life Insurance Plan (PRLIP)
- Pensioners Dental Services Plan (PDSP)
About the Public Service Superannuation Act
- Part I—Terms and conditions of the registered defined benefit pension plan to which virtually all federal public servants are required to contribute.
- Part II—Terms and conditions of the legislated life insurance plan, the Supplementary death benefit (SDB) which is applicable to most contributors mentioned above under Part I.
Organizational structure
The Government of Canada Pension Centre is divided into 3 directorates. Each directorate is led by a Director who works under the leadership of the Director General. These individuals along with division/project managers form the senior management group which is referred to as the Senior Executive Committee (SEC).
3 Directorates:
- Pension operations (PO)
- Pension transformation and policy (PTP)
- Organizational readiness and planning (ORP)
Facts and figures (Updated—September, 2024)
- Over 1,150 employees located at three sites in Shediac, New Brunswick and at one site in Ottawa, Ontario.
- Over 520,000 active members in the pension plan.
- Over 516,000 retired members from the pension plan.
- Handles over 690,000 pieces of mail annually.
- Responsible for annual disbursements of pension funds in excess of $15.8 billion from 8 public funds with balances exceeding $264 billion.
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