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YG Pension Plan

• Your Pension Plan
• Pension Benefits Calculator
• New Employee Contribution Rates
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The Yukon Government participates in the federal government’s Superannuation Plan. The Plan is administered by the Superannuation Directorate and Treasury Board.

Treasury Board provides a pension plan booklet which describes the benefits provided by the Plan, contributions and funding arrangements. The booklet can be accessed through the link on this page.

There is also a useful link to the Pension Calculator. The calculator allows you to run different scenarios on your pension benefit entitlement at different retirement ages.

If you plan on using the calculator it is helpful to first gather a little information:

The date you joined the plan – usually this is the date you started working for the Yukon government if you were hired into a term position greater than six months or an indeterminate position. If you started participating in the Superannuation Plan at a later date, that date will be indicated on the documentation you received when you were screened into the Plan.

Any period of time you may be buying back of previous service – you will find this information on the documentation you received when you initiated your buyback.

Your best five year average salary – usually your last five years is also your best five years.

A quick way to calculate the average is to look at your pay stubs for January of the past five years (now you know why you were saving those pay stubs!),

multiply the bi-weekly pay regular earnings by 26.088 to get your annual salary,

add up each of the annual salaries for the five years,

and divide by 5.

This will give you your five year average annual salary.

Alternatively, if you still have five or so years until retirement, you can use your current annual salary to get a reasonable estimate of your pension benefits.

Remember that the calculator just provides an estimate. As you get closer to retirement you will want a more accurate calculation of your pension benefits which can be provided by the Pension and Insurances Administrator in the Public Service Commission.