Universities Academic Pension Plan
The Universities Academic Pension Plan (UAPP) provides retirement income to participating members as well as benefits in the event of death, disability or termination of employment.
The UAPP is a contributory defined benefit pension plan, meaning that both you and the university make contributions into the plan’s fund based upon your salary. Your pension does not depend on the amount you contribute. Your pension at retirement is determined by a formula that uses your highest average salary and your years of credited service while you were a member of the plan. Further information about the plan can be found at the UAPP website as well as the Member Handbook which provides a detailed description of the plan’s benefits.
Eligibility
In order to be eligible for participation in the UAPP you must meet the following criteria:
Staff Agreement |
Appointment Type |
UAPP Commencement Date |
|---|---|---|
| Management and Professional Staff | Full-time and part-time continuing and temporary employees | Commence on date of hire |
| Faculty, Librarian, Faculty Service Officer or Administrative Professional Officer | Full-time and part-time continuing academic staff | Commence on date of hire |
|
Academic Teaching Staff, Temporary Librarian, Administrative and Professional Staff or Trust/Research Academic Staff |
Full-time or part-time temporary academic staff appointed for a period of 12 months or more |
Commence on date of hire |
| Academic Teaching Staff, Temporary Librarian, Administrative and Professional Staff or Trust/Research Academic Staff | Full-time or part-time temporary academic staff appointed less than one year |
a) when the employee has continuous short term appointments, UAPP commences the date on which they have completed two years continuous service and b) the earnings are at least 35% of the Yearly Maximum Pensionable Earnings (YMPE) in each of the two consecutive years immediately prior to the date as in (a) above |
| Academic Teaching Staff |
Full-time temporary academic staff appointed for at least eight months working spring and summer sessions |
When employee works two consecutive years of fall/winter/spring and summer, commencement begins on the fall session after the completion of two years continuous service |
UAPP Participation When Terms of Employment Change
A change to the terms of your employment may impact your participation in the plan. If you are unsure of how a change will affect participation in the UAPP please contact the Staff Service Centre.