The PSPP is a contributory defined benefit (DB) plan. That means you’re required to make contributions throughout your working years to the Plan, and your employer matches those contributions. If you’re an OPP officer or civilian, we encourage you to read this page about how your pension is calculated; how your contributions work; and the importance of speaking with one of our Client Service Advisors, who are Certified Financial Planners® if you want to discuss things such as how life events can impact your pension, estate planning and more.
Contributions are deducted automatically from your pay each period. We have outlined the contribution rates that apply to OPP officers and civilians below:
In 2024, your annual contributions are:
In other words, you contribute:
These rates include the additional 1.5% of annual salary OPP officers and their employer each contributes to cover the cost of the 50/30 unreduced early retirement benefit. You are eligible for a 50/30 unreduced early retirement benefit if you’re 50 years old and you’re an OPP officer with at least 30 years of pension credit.
In 2024, beginning with the first pay period in January, your annual contributions are:
In other words, you contribute:
These rates include the additional 0.77% of annual salary OPP civilians and their employer each contribute to cover the cost of the Factor 85 unreduced early retirement benefit. You are eligible for a Factor 85 unreduced early retirement benefit if your age plus pension credit equal a minimum of 85 points, and retire as an OPP civilian.
For 2024, the YMPE is $68,500.
Mariam is a full-time OPP officer who has an annual salary of $105,000. For this example, we assume 2024 contribution rates with a YMPE of $68,500. Based on the contribution formula for OPP officers outlined above, Mariam will contribute:
| 9.7% × her annual salary up to the YMPE plus | $6,644.50 |
| 12.8% of her annual salary above the YMPE | $4,672.00 |
| Total | $11,316.50 |
Nadir is a full-time OPP civilian who has an annual salary of $95,000. For this example, we assume 2024 contribution rates with a YMPE of $68,500. Based on the contribution formula for OPP civilians outlined above, Nadir will contribute:
| 8.545% × his annual salary up to the YMPE plus | $5,853.33 |
| 11.645% of his annual salary above the YMPE | $3,085.93 |
| Total | $8,939.25 |
For OPP Officers: The average annual salary calculation is based on the average of the highest 36-consecutive months of pensionable salary as follows:
For eligible OPP civilians: As of December 31, 2011, this is the average of your annual salary that includes your Special Pay Allowance for your highest 48 consecutive months of pensionable salary. (If you have less than 48 consecutive months of pensionable salary at retirement, the average will be based on your full period of membership.)
Eligible OPP civilian means a member in the OPP civilian bargaining unit, represented by the OPPA.
For both OPP officers and civilians, your average annual salary does not include any overtime pay, payments in lieu of benefits, or payments that are not part of your regular salary. However, if you transferred pension credit into the PSPP under a reciprocal transfer agreement, your prior period of membership in the other plan will be combined with your current period of PSPP membership to determine your average annual salary.
The number of months used to determine your average annual salary is based on your position when you terminate your membership in the PSPP.
Pension credit is the total number of years and months that you (or your employer on your behalf ) have contributed to the PSPP. If you hold a regular part-time position, the pension credit you receive will be pro-rated, based on the regular full-time hours for your position. The pension credit used to calculate your pension will include any credit you've purchased or transferred into the PSPP from another plan.
Average YMPE is the average of the YMPE (Year's Maximum Pensionable Earnings) for your last 3 calendar years of PSPP membership. The YMPE is the earnings limit set by the Federal Government each year to determine the maximum CPP contributions and benefits.
The new average annual salary calculations for OPP officers and civilians will generally increase the cost of buying back eligible non-Ontario Public Service (OPS) credit and eligible OPS credit outside your 24-month window.
The method we use to cost a buyback incorporates the average annual salary in the calculation. The new average annual salary calculation for OPP officers and civilians will generally provide higher averages of annual salary, meaning credit purchased will increase the value of your pension by more than it would have under the highest 60-consecutive month calculation. It will cost more to purchase the credit under the new average annual salary changes since we will need more money to fund that benefit.
OPB's Buyback Calculator lets you create personal estimates to buy back pension credit based on your personal information from the comfort of your home. Login to e-services (opens in a new tab) to use this calculator.
The federal Income Tax Act (ITA) limits the amount of pension you can build in the PSPP each year. In 2024, you will reach this limit if your average annual salary is $204,475.00 a year or more.
For more information about the RCA, please refer to your Annual Pension Statement (APS) guide.
The number of months used to determine your average annual salary in your benefit calculation when you terminate is based on your position when you terminate your membership in the PSPP.
*including Commissioner and Deputy Commissioner
Your Annual Pension Statement includes the amount you contribute to the PSPP each year. Your statement is updated and mailed to you every spring.
Your statement is also available through our secure e-services. To register, click Login at the top right corner of this page. If you notice any information that is missing or outdated when reviewing your statement, we encourage you to update your personal information in your e-services account.
For more information about OPP pension contributions, options and timelines, check out Planning today for tomorrow for OPP officers & civilians (PDF).