New Pensioners’ Dental Services Plan contribution rates effective October 1, 2017
Date:
To: Compensation Managers, Heads of Human Resources, Participating Separate Employers and Pension System Administrators
The purpose of this notice is to inform plan members, employers participating in the Pensioners’ Dental Services Plan (PDSP) and retiring personnel that new PDSP contribution rates will come into effect . These changes follow a rate analysis conducted to ensure the Plan’s continued sustainability.
The new rates can be found on the Pensioners' Dental Services Plan contribution rates page.
Pension system administrators have been advised of these changes to ensure the necessary programming is complete for the pension payment.
Reminder: The portion of the PDSP contribution rate paid by the employer is a taxable benefit for members residing in Quebec.
Should you have any questions regarding this notice, please contact the Pensions and Benefits Sector at pbs-spas@tbs-sct.gc.ca.
Caroline Curran
Assistant Deputy Minister
Pensions and Benefits Sector
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