PSPP definition
Examples of PSPP in a sentence
The current provisions of the Public Service Pension Plan (PSPP) are integrated with the old CPP provisions.
Without modifying the PSPP, the contributions and benefits of the combined PSPP and CPP would be greater than what was contemplated under pension reform.
As a result, the parties agree to the following: No later than August 31, 2020, the parties bring this issue to the Joint Sponsorship Body with the intent to identify what adjustments can be made to the contributions and future benefits of the PSPP to maintain the same level of benefits for the combined PSPP and CPP.
DHCS shall issue the PSPP report to the Contractor with a copy to subcontracted DMC provider.
DHCS shall conduct Postservice Postpayment and Postservice Prepayment (PSPP) Utilization Reviews of the contracted DMC providers to determine whether the DMC services were provided in accordance with Article III.PP of this exhibit.
The Employer shall participate in the Public Service Pension Plan (PSPP) and will comply with all obligations required under that Plan and the BC Pension Benefits Standards Act.
The entity that provided the services must submit an updated CAP to the DMC PSPP Unit within 30 days of notification.
Continuation /participation in the GMPP or PSPP will be in accordance with established Pension Regulations and guidelines.
All employees who retire as per clause 13.1 shall receive premium subsidies for medical benefits while on PSPP benefits until age 65.
If an employee commences PSPP benefits prior to expiry of their supplemental leave entitlement, they will be paid out using a jointly determined commuted value formula.