NEW: Fall Update on the UPP (pdf)
- Why is the union recommending it?
- What are the details of the plan?
- How can members have their say?
Come to a lunch and learn and join the conversation!
St. George Campus
Sept 20 12:00 and 1:00 – University College, D301
Sept 25 12:00 and 1:00 – OISE, 8180
Oct 9 12:00 and 1:00, Woodsworth Residence 321 Bloor, Waters Lounge
Oct 10 12:00 and 1:00, Bissell Bldg. 140 St. George, BL 112
Oct 11 12:00 and 1:00, OISE, 4414
Oct 23 12:00 and 1:00, Best Institute, 112 College, CB 114
Oct 25, 12:00 and 1:00, Jackman Law Building Level 1 Room J12
Sept 26 12:00 and 1:00 AC 334 (behind AC 223)
Oct 24 12:00 and 1:00 AC 334 (behind AC 223)
Sept 24 12:00 and 1:00, Spigel Hall, Davis Bldg
Oct 22 12:00 and 1:00, Location: TBA
University administrations, faculty associations, unions and other staff groups at University of Toronto, University of Guelph and Queen’s University have been working diligently to develop a new pension plan that would cover employees at all three universities. Once it is up and running, it will be available to other Ontario universities as well. This new pension plan, which would be a multi-employer jointly sponsored pension plan (JSPP), is a type of defined benefit (DB) plan, and it represents a unique opportunity to reshape and sustain the retirement income system in the Ontario university sector. The current phase of this initiative kicked off last August with an agreement among the administrations, Steelworkers locals, faculty associations and non-represented employees at the University of Toronto, Queen’s University, and the University of Guelph.
In the next phase, Local 1998 will be educating and informing members about this process over the next several months with meetings and background materials. In the winter of 2018 / 2019, members of the pension plan will be able to vote on whether or not to join the new pension plan. Please watch your email for updates.
Handouts from the Town Hall:
More information and resources