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Contributing to the Plan

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Your required contributions are 10% of your annual Indemnity (plus 10% of your annual Salary, if applicable).

Your contributions are paid on each component for a maximum of 20 years, or until you have reached the maximum total accrual of 70%.

At age 71, your contributions cease, and you are entitled to start drawing a pension even if you are still serving as a MLA. This is the maximum age that the Canada Revenue Agency (CRA) permits pension contributions to be made. 

Your contributions go into the Province's General Revenue Fund, from which pension benefits are paid. 

The Province pays the difference between member contributions and the total cost of pension benefits.

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info@nspension.ca

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My Retirement Plan

My Retirement Plan offers active plan members (not available to retirees) secure access to their personalized pension information online. Members can:

  • View their Annual Member Statement;
  • Use the Pension Projection Tool; and
  • View helpful retirement and financial planning resources.

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