Nova Scotia Pension Services Corporation (NS Pension) administers the pension benefits and investment assets of the Teachers’ Pension Plan and the Public Service Superannuation Plan, and administers the pension benefits of the Members’ Retiring Allowances and the three former Sydney Steel pension plans. We are a non-profit corporation that provides a wide range of investment, pension administration, and compliance services for some of Nova Scotia’s leading pension plans. In total, we manage over $13 billion of plan assets* and serve over 76,000 active members, retirees, and survivors.
NS Pension is jointly owned by Public Service Superannuation Plan Trustee Inc. (PSSPTI) and Teachers’ Pension Plan Trustee Inc. (TPPTI).
We are accountable to a Board of Directors (Board), which consists of directors appointed by both PSSPTI and TPPTI. The Board oversees our ongoing use of strong controls and risk management practices, transparent reporting, and prudent management of pension plan expenses.
* Based on data as at March 31, 2022 for the Public Service Superannuation Plan and as at December 31, 2021 for the Teachers’ Pension Plan.