The Teachers' Pension Plan, originally called the Teachers' Superannuation Fund, was established in 1931, to provide retirement income to permanently employed teachers in Prince Edward Island. There are three participating employers in the TSF: the Public Schools Branch, the Commission Scolaire de Langue Française and the PEI Teachers' Federation.
The Minister of Finance of the Government of Prince Edward Island is responsible for the administration of the Plan and has delegated the day-to-day administrative duties to the Pensions & Benefits and Fiscal Management sections of the Department of Finance.
The assets of the Plan are held within the Province of Prince Edward Island Master Trust, which is administered by external investment managers. It operates under policy guidelines set by Executive Council and is supervised by an advisory committee to the Minister of Finance. The assets of the Plan are separate from the Operating Fund of the Province.