Saskatchewan Pension Plan
SPP is a voluntary, money purchase plan designed to provide a pension plan for individuals with little or
no access to private pensions or other retirement savings arrangements. The Plan is available to anyone
between 18 and 69 years of age. Eligibility is not dependent upon residency, income, employment status,
gender or membership in other plans.
Since 1986, SPP has grown to $259 million in assets and 30,000 members. (View rate of return history.)
The Plan is designed for flexibility, so that members can make it fit their life situation and budget. SPP is:
- Voluntary - no obligation to contribute;
- Flexible - payment at any time during the plan year;
- Portable - people can join and contribute to the Plan regardless of where they reside; and
- Professionally managed - The 2005 return was 10.1%.
|