Saskatchewan plan celebrates 20 years

Pension plan averages annual return of 9.5 per cent
By
|hrreporter.com|Last Updated: 02/24/2006

With a newly announced estimated return rate of 10 per cent for 2005, the Saskatchewan Pension Plan continues to prove its stability and performance 20 years after its inception.

Since 1986, the Saskatchewan Pension Plan has provided an easy, flexible means of retirement savings for anyone between the ages of 18 and 69.

"The Saskatchewan Pension Plan provides tremendous benefit to the residents of this province," said Saskatchewan Pension Plan general manager Katherine Strutt. "The plan has never experienced a negative return, and has been a strong performer every year — the average annual return rate since inception is 9.5 per cent.”