Feedback
We are always looking for ways to improve your experience. Please tell us about your experience below.
Your responses will be kept confidential. To protect your privacy, please do not enter your account or personal information.
- Home
- About
A pension promise spanning generations
To members today and generations of university employees to come
About UPP
University Pension Plan was created with the vision of a strong sector-wide defined benefit pension plan to guarantee sustainable pensions to members – now and for generations to come.
UPP is designed for growth, our doors are open to all employers and employees within Ontario’s university community.
2025 at-a-glance
103%
Funded with a $0.3B
surplus1
$13.5B
Net assets, up from
$12.8B in 2024
5.2%
Annual net rate of return2
$620M
Paid in pension benefits
46,000+
Members
8.5%
Three-year annualized net return2
All figures as at December 31, 2025.
1 On a smoothed basis. 2 Annual net rate of return is net of external costs, including investment management fees, performance fees, and transaction costs.
Purpose
As proud UPP members ourselves, we are deeply connected to our purpose. Our purpose is to bring greater retirement peace of mind to the university sector by investing with integrity and serving members with care.
Vision
Our vision is to be the trusted pension plan for the university sector and a partner of choice in shaping a resilient financial, social, and environmental future.
Our core values define who we are and how we work with intention each day.
Integrity
We understand the gravity of our responsibilities and approach every decision and relationship with accountability, transparency, and respect.
Inclusivity
We will embrace the diversity and dignity of our members, Joint Sponsors, partners, and team in all interactions and relationships.
Ingenuity
We will adapt and evolve in a changing world, embracing new ways to deliver enhanced value and performance excellence.
Impact
We will foster a financially, socially, and environmentally resilient future for members in all we do, aligning with like-minded partners to amplify our impact.
Barbara Zvan, President
and Chief Executive Officer
“A pension must be secure for members while remaining affordable and sustainable for participating employers and active members alike. Every decision we make is grounded in that dual responsibility.”
Gale Rubenstein, UPP Board Chair
“Growth brings responsibility. The Board remains focused on ensuring that each expansion strengthens the Plan’s long-term stability and preserves the governance integrity members rely on, so that scale translates into stronger protection for every member’s pension.”