Congratulations on joining the largest public sector pension plan in Atlantic Canada!
As a new member to the Plan you likely have many questions. With Provident10 you can rest assured that we’ll work with you to get the answers you need.
Firstly, we’d like you to get to know us a little better. Provident10 is the administrator and investment manager to the Public Service Pension Plan (PSPP) for the province of Newfoundland and Labrador. Though we’ve only been in operation for five years, the history of the Plan goes back several decades. The PSPP was established on April 1, 1967 under the Government of Newfoundland and Labrador. Following pension reform the Plan terms were established under a new joint sponsorship agreement and Provident10 was founded.
At Provident10 your pension is at the heart of everything we do, that means providing a secure retirement income, for life, to our members is not just our goal, but our promise. A part of that security comes from understanding how much you contribute to the Plan, other benefits included in the Plan, and when you’ll be able to retire.
It’s important our new members understand what the Plan offers. The New Member Webinar is where you’ll get live answers from our Member Services team on the most frequently inquired topics.
Many think that it may be too early in their career to start planning for retirement but according to a CIBC Poll “38% of retired Canadians, with retirement regrets, say they wish they’d started planning sooner.” We like to say its never to early to start thinking of that day and what it means to be a member of the PSPP.
Join us for Provident10‘s 45 minute presentation on the top 10 things you need to know about the PSPP.
Additional webinars will be released fall 2021.
In addition to the webinar, the below list of resources will also leave you well prepared to begin planning your retirement.