Pensions
Eventually, we all turn our attention to planning for retirement. There are many factors to consider when you retire and a lot of information to absorb. If you are about to retire, or have recently joined a pension plan, and you would like to learn more about pensions, this site provides information on workplace pensions and personal retirement savings.
If you work for the private sector or municipal government in Nova Scotia, and you are a member of a pension plan, your plan is monitored and protected by the Nova Scotia Office of the Superintendent of Pensions. This Office supervises over 490 registered pension plans to ensure they are well managed and adequately funded in order to meet their obligations to pension plan members.
Resources
- Life Income Fund (LIF) Calculator Tool (ZIP: 48k)
- Financial Hardship Unlocking FAQ
- Financial Hardship Unlocking Instructions (PDF: 158k)
- Financial Hardship Unlocking Application (PDF: 171k)
2009 Figures
- For 2009
YMPE : $46,300
Max LIF Temp Income :$18,520
LIF Reference Rate: 6%