Uniformed Services Pension Plan (USPP)
The Uniformed Services Pension Plan (USPP) was established on
December 3, 1982 by the Uniformed Services Pensions Act. It was
preceded by the Constabulary Pensions Act. The USPP is one of
five
Defined Benefit Pension Plans administered by Government. Under
Defined Benefit Plans, pensions are calculated based on a percentage
of members years of pensionable service and
pensionable earnings.
Overall administration of the USPP is the responsibility of the
Pensions Administration Division, Department of Finance, in
cooperation with the Department of Justice, the Royal Newfoundland
Constabulary and the City of St John’s Fire Department. Currently
there are 620 plan members in the USPP, including members of the
Royal Newfoundland Constabulary, the St. John’s Fire Department, and
Her Majesty’s Penitentiary. There are approximately 550 pensioners. The primary objective of the USPP is to help plan members prepare for
a comfortable retirement.
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