OPB (Ontario Pension Board)

The Ontario Pension Board (OPB) is a corporation established to administer the Public Service Pension Plan (PSPP), a major defined benefit pension plan for employees of the Ontario provincial government and its agencies, boards, and commissions. With a history dating back to the 1920s, OPB is dedicated to delivering a sustainable pension plan that is fully funded and administered with service excellence to over 98,000 members and pensioners. Since January 1, 2020, OPB and the Ontario Teachers' Pension Plan have acted as joint sponsors of the PSPP, sharing responsibility for plan sustainability and administration.