Your Pension Plan
The Special Forces Pension Plan (SFPP or the Plan) is a defined benefit pension plan providing Alberta municipal police officers with a predictable source of retirement income.
Both you and your employer pay into the Plan, with your employer’s portion exceeding yours by 1.1%.
The formula for your pension is defined up front, and all pensions are calculated using the same formula. Your pension is based on the salary you earn while working for an SFPP employer and how long you contribute to the Plan. That means the longer you work, the bigger your pension will be. And, because your pension is not affected by market fluctuations, you can accurately predict the monthly payments you will receive for life.
Police services in 7 Alberta municipalities participate in SFPP.