# Prince Edward Island Public Sector Pension Plan

Prince Edward Island Public Sector Pension Plan is a Pension Fund based in Charlottetown, Canada.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Charlottetown, Canada
- **Region:** North America
- **Address:** 3rd Floor Sullivan Building, 16 Fitzroy Street, Charlottetown, PE, Canada
- **Founded:** 1945
- **Assets under management:** 2392 (Altss estimate)
- **Website:** peipspp.ca

## Regulatory record

- **Reports private funds:** No

## About

The Prince Edward Island Public Sector Pension Plan was established in 1945. It delivers defined benefit pensions to permanent employees of the Province of PEI, Health PEI, and select participating employers. Denise Lewis-Fleming serves as chairperson and deputy minister of finance. The plan maintains a 5% target allocation to private equity. Confirmed holdings include the TD Greystone Real Estate Fund for diversified Canadian properties and the TD Greystone Mortgage Fund for fixed-income real estate debt. Infrastructure exposure runs through Global Infrastructure Partners and Lazard Global Listed Infrastructure Fund. All positions sit inside the Province of Prince Edward Island Master Trust, which also serves the Teachers' Pension Plan and MLA Pension Plan. Assets total approximately $2.4 billion. The plan retains external managers including Beutel Goodman, Baillie Gifford, State Street Global Advisors, TD Asset Management, and Goldman Sachs Asset Management. It belongs to the Pension Investment Association of Canada and the Association of Canadian Pension Management. June 2024: presented plan overview at the CFNU National Biennium / PEI Nurses Union Convention in Charlottetown.

## Sectors

- Infrastructure
- Real Estate

## People

- Denise Lewis-Fleming — Chairperson of the Public Sector Pension Plan Commission

## Questions

### Who sponsors and administers the Prince Edward Island Public Sector Pension Plan?

The Government of Prince Edward Island acts as legal administrator and sponsor. The Public Sector Pension Plan Commission oversees operations.

### What asset classes receive allocations from the plan?

The plan targets private equity at 5% and maintains positions in Canadian real estate and global infrastructure. Holdings include TD Greystone funds and commitments to Global Infrastructure Partners.

### Which external managers handle investments for the plan?

Beutel Goodman, Baillie Gifford, State Street Global Advisors, TD Asset Management, and Goldman Sachs Asset Management serve as investment managers. Telus Health provides actuarial services.

### How does the plan structure its infrastructure exposure?

Infrastructure investments occur through limited partnership interests in Global Infrastructure Partners and the Lazard Global Listed Infrastructure Fund, held via the Province of Prince Edward Island Master Trust.

### Does the plan co-invest with other PEI pension vehicles?

Yes. The plan co-invests alongside the Prince Edward Island Teachers' Pension Plan and the Prince Edward Island MLA Pension Plan inside the shared Master Trust structure.

## Related profiles

- [Gasunie Pension Fund](https://altss.com/profile/gasunie-pension-fund)
- [Whitbread PLC](https://altss.com/profile/whitbread-plc)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/prince-edward-island-public-sector-pension-plan

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology