Managing your money is our focus.

Consistent, professional oversight and expert fund management means you can rest easy and retire comfortably.

Investment Funds

Contribution Fund

Contribution Fund

For SPP members who have not yet retired, the Contribution Fund allows members to invest in either a Balanced Fund (maximize earnings, minimize risk) or a Short-term Investment Fund (capital preservation).

Annuity Fund

Annuity Fund

For SPP members who have retired, the Annuity Fund is invested in bonds and short-term investments, producing income to pay member pensions.

The facts on your pension funds

Get all the info you need to select the pension fund that's right for you. Past performance, expense ratios, investment breakdowns and more.

Get the latest on investment performance with Quarterly updates.

Our Annual Report is available online for review.

Rate of Return on investments

SPP allocates 100% of the market rate of return, less operating expenses, to members monthly. The compound effect of these rates result in the year-to-date return.

Our full return history can be found here.

Contribution Fund returns by month

The monthly returns for 2018 are shown below. Rate of return updated Tuesday, December 11, 2018.

Month BF% STF%
Jan-18 0.88 0.090
Feb-18 -0.47 0.094
Mar-18 -0.24 0.113
Apr-18 0.52 0.115
May-18 0.99 0.115
Jun-18 0.57 0.119
Jul-18 0.89 0.120
Aug-18 0.25 0.124
Sep-18 -0.40 0.133
Oct-18 -3.76 0.135
Nov-18 1.08 0.150
YTD 0.21 1.315

Investment fund return history

Returns of balanced and short-term funds at December 31, 2017.
Time frame BF% STF%
2017 9.70 0.75
5 year 9.42 0.60
10 year 5.69 N/A
32 year** 8.10 N/A

** Return since the inception of SPP.

Prior to 2010, SPP allocated returns to members' accounts annually. The history for the last 10 years is shown below.

  Balanced fund Short-term fund*
Year Earnings% MER% Earnings% MER%
2017 9.70 0.83 0.75 0.12
2016 6.53 0.87 0.52 0.13
2015 6.25 0.96 0.45 0.35
2014 9.10 0.95 0.64 0.40
2013 15.77 1.00 0.67 0.41
2012 8.45 1.07 0.52 0.51
2011 -1.01 1.14 0.57 0.48
2010 9.42 1.04 0.19 0.21
2009 12.68 1.01 N/A N/A
2008 -16.23 1.00 N/A N/A
BF Balanced fund
STF Short-term fund*
N/A Not Available
YTD Year to Date
MER Management Expense Ratio
TBA To be announced

*The STF was formed in 2010.

Pension Fund Performance

SPP Member contributions are invested by two independent, professional investment fund management firms. Our average rate of return in the balanced fund since inception is 8.1%. The return on investment for 2017 was 9.70%.

Pension contributions are pooled for investment in either a balanced fund or short-term fund. Funds are invested in a balanced portfolio of bonds, equities and short-term investments to maximize earnings while minimizing risk.

100% of monthly earnings are allocated to SPP member accounts, minus operating expenses, which our Board of Trustees is committed to keeping as low as possible. From 1992 to 2017, the average expense was 1% of assets or less.

You start earning interest on your investment account immediately. Over time, compounding interest will far exceed the value of your personal fund contributions.

See how your investment account balance could grow over time with earnings compounded monthly.

Growth at $100/month

Annual Earnings 10 Years 20 Years 30 Years 40 Years
6% $16,470 $46,435 $100,954 $200,145
8% $18,417 $59,295 $150,030 $351,428

Growth at $200/month

Annual Earnings 10 Years 20 Years 30 Years 40 Years
6% $32,940 $92,870 $201,908 $400,290
8% $36,833 $118,589 $300,059 $702,856

Investment Fund Management

SPP partners with professional investment fund management firms TD Greystone Asset Management and Leith Wheeler Investment Counsel Ltd. Day-to-day responsibility for investment management rests with these companies. A quarterly report on compliance with the investment policy must be completed by the investment managers.

TD Greystone Asset Management

Leith Wheeler Investment Counsel Ltd.

Learn more about investment options and SPP

Stay in the know

Join the conversation