With over 55,000 members, Provident10 touches the lives of 1 in 9 Newfoundlanders and Labradorians.
On average Provident10 welcomes over 1,500 new members each year to the PSPP.
How did we begin?
Financial management and future planning is evolving, and Newfoundland and Labrador has changed with it. In December 2014, the Government of Newfoundland and Labrador (GNL) and the five largest unions in the province announced a Joint Sponsorship Agreement to create an independent pension entity, Provident10. We deliver plan administration services and oversee management of the Public Service Pension Plan (the Plan) investment portfolio. We are proud to govern the largest pension plan in the province with over 55,000 members. Learn more about the Plan, our investment strategy, and working with us here.
We are pleased to introduce you to the Public Service Pension Plan (the Plan) and the benefits it provides. As a Plan member, you should become acquainted with the provisions of the Plan when you join and periodically throughout your career or during life events.
The goal of our investment strategy is to produce a well-diversified portfolio of both public and private investments which will ultimately support benefit security.
Current Asset Mix: The chart presented here reflects the asset mix of the Plan as of September 30, 2020.
We are currently recruiting for a Director – Public Markets and Director – Risk and Compliance. Please click the link to view the position descriptions and apply online.
We are always looking for people who would be a great fit for our team and are looking for an exciting career with a progressive pension administration and investment management organization. Please send us your resumé by clicking the button below.
Chief Investment Officer
VP Systems & Quality
VP Human Resources & Administration
Randell Earle, Bert Blundon, Emilian Groch, Mary Galway, Fred Murphy, John Vivian,
Dawn Learning, Douglas Laing, Loyola Sullivan, Louise Poirier-Landry, Denise Hamilton, & Michelle Jewer.
Missing from photo: Robert Cashin, Sharon Sparkes, Kevin Dumaresque
Provident10 operates in a joint trustee governance structure. We are governed by a Board of Directors, which has been appointed by the Government of Newfoundland and Labrador and the member unions. Learn more about how we're managed here.
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