MEPP has a relationship with the Public Service Pension Plan (PSPP), called Combined Pensionable Service (CPS).
You are eligible for CPS if you move from PSPP to MEPP or vice versa:
- with no break in service; and
- while with the same employer.
Often, this happens when someone is promoted to a management position with their employer.
It is important to note that under CPS you will receive two separately calculated pensions, each using only the pensionable service earned in that Plan. However, once you have CPS between MEPP and PSPP, service and salary information under both plans will be used in key elements of the calculation of both pensions.