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Can the Public Service Superannuation Plan (PSSA) go bankrupt?

April 26, 2017bankrupt Plan pssa public service Superannuation

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Can the Public Service Superannuation Plan (PSSA) go bankrupt?

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No, as the deficit is covered by the government of Canada. What is the Public Service Pension Centre (PSPC – also known as “Shediac”.) The Public Service Pension Centre (PSPC) is the primary office responsible for the administration of the pension plan for federal public service employees, the Public Service Superannuation Act (PSSA). The PSPC is your first stop for getting answers to your questions. The Institute does not have access to members’ personal pension data and therefore members are encouraged to contact the PSPC directly for individual, specific information. PIPSC can however help clarify issues and ensure that the PSPC provides you with the assistance you are entitled to. You can contact the PSPC at 1-800-561-7930 or visit http://www.tpsgc-pwgsc.gc.ca/pension.