About the Nova Scotia Pension Services Corporation
Nova Scotia Pension Services Corporation (Pension Corp.) administers the pension benefits and investment assets of the Teachers’ Pension Plan, the Public Service Superannuation Plan, the Members’ Retiring Allowance (MLA Plan) and the three former Sydney Steel pension plans.
We are a non-profit corporation that provides a wide range of investment, pension administrative, and compliance services for Nova Scotia’s leading pension plans. In total, we manage over $12 billion of plan assets and serve over 72,000 members and retirees.
We are jointly owned by the Teachers’ Pension Plan Trustee Inc. (TPPTI) and the Public Service Superannuation Plan Trustee Inc. (PSSPTI). Pension Corp. is accountable to a Board of Directors, which consists of directors from both the TPPTI and PSSPTI. The Board of Directors ensures our continued use of strong controls and risk management practices, transparent reporting and prudent management of the pension plans expenses.
We were established on April 1, 2013, replacing the former Nova Scotia Pension Agency.