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The Plan stayed strong and stable in 2025
2025 marked a year of continued growth and organizational progress for UPP. In a volatile market environment, the Plan remained fully-funded and expanded its membership base while continuing to build long-term value for members and employers.
UPP announces inflation protection increase for 2026
Members received a 1.49% adjustment to the UPP portion of pensions in pay, helping retirement income keep pace with rising costs.
UPP welcomes new plan participants
On January 1, 2026, Wilfrid Laurier University became the sixth university to join University Pension Plan, extending UPP coverage to eligible faculty, staff and affiliated organizations.
Ontario advances new measures to support DC-to-JSPP conversions
The province adopted recommendations advanced by UPP, strengthening the retirement system and expanding access to secure pension arrangements.
103%
funded with a $0.3B surplus1,2
$13.5B
in net assets, up from $12.8B in 20242
46,000+
members
6
universities
21
affiliated sector organizations
1 On a smoothed basis. 2 As at December 31, 2025.
Designed to bring members a secure, stable pension for life
Our commitment is to protect the security and sustainability of members’ pensions while providing service excellence.
A purpose-driven investment strategy
Our investment program has one goal – to deliver secure, stable pension income to our members today and tomorrow. We invest with sustainable pension security at the core of all we do.
Open to all organizations in Ontario’s university sector
Join the pension plan custom-built for Ontario’s university sector. We can accommodate a wide array of past and present plan types–even those without a prior plan.
From May 19 to June 9, UPP invites members to take part in the 2026 member survey. Your input helps inform how we evolve our communications, resources, and services to better meet your needs.
UPP is pleased to welcome Southeastern Ontario Academic Medical Organization (SEAMO) and Scarborough Charter Inter-Institutional Forum as its newest participating employers, effective May 1, 2026.
Peter Wallace to succeed Gale Rubenstein as Chair on January 1, 2027, following the completion of her seven-year term on December 31, 2026.