Pension Plan

All Saskatchewan teachers belong to one of two pension plans described below, depending on when they began their teaching career.

Saskatchewan Teachers’ Retirement Plan

The Saskatchewan Teachers’ Retirement Plan provides pension benefits to Saskatchewan teachers who began teaching in the provincial PreK-12 system after July 1, 1980. It is a defined benefit plan, which means pensions are determined by a formula that is based on a teachers service and earnings. 

The STRP is designed by teachers for teachers and it is administered by the Saskatchewan Teachers’ Federation. 

 

The following video provides an overview of your STRP retirement benefits. 

Teachers who participated in the former Teachers’ Annuity Plan between July 1, 1980, and June 30, 1991, are required to have a minimum amount of service after June 30, 1991, to be eligible for a defined benefit pension from the STRP. 

Saskatchewan Teachers’ Superannuation Plan

Teachers employed in Saskatchewan prior to July 1, 1980, are members of the Saskatchewan Teachers’ Superannuation Plan. The Plan is administered by the Saskatchewan Teachers’ Superannuation Commission.
 

This section, including the contents of linked publications, contains general information only. In the event of any discrepancy in interpretation, error or omission, the applicable legislation and Plan Text are the final authority.