A pension can be an important component of your retirement security, and it's one advantage of being a unionized public sector professional.
Defined benefit pension plans pool contributions from you and your Employer in a pension fund. These funds are then invested, and when you retire, provide you with a secure and predictable income.
The Public Service Pension Plan (PSPP) is the pension for AMAPCEO members at the Ontario Arts Council.
- Full-time employees and part-time employees must contribute to the PSPP.
- Temporary employees have the option of joining the PSPP at any time during their contract. For more information, please contact the plan provider and your HR representative at the Ontario Arts Council.
The PSPP is a major defined benefit pension plan sponsored by the Government of Ontario and its members include AMAPCEO members and other public sector professionals.
The PSPP is administered by the Ontario Pension Board (OPB), an organization established in 1990 under the Public Service Pension Act. AMAPCEO's President currently sits on the OPB Board of Directors.
As the administrator of the PSPP, OPB is here to help you with questions about your pension.
OPB even has a team of Certified Financial Planners on staff who can help you make informed decisions when it comes to your pension and your retirement.