Understanding Contributions

Both you and the Saskatchewan government contribute to the Plan to ensure there is enough money to pay your pension benefits:

Your Contributions
9.5
%

of salary up to the YMPE

11.7
%

of salary above the YMPE

Government Contributions
7.25
%

of salary up to the YMPE

9.25
%

of salary above the YMPE

Your contributions are automatically deducted from your pay. The amount you contribute is determined through actuarial valuations – an assessment completed by our actuaries to determine the Plan’s financial health. Government contributions are determined through collective bargaining.

Did you know? Your contributions are tax deductible.