Menu
- About
The pension plan tailored by and for Ontario’s university sector.
To members today and generations of university employees to come
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.
Today, we proudly serve over 39,000 working and retired members across four Ontario universities and 12 sector organizations and manage $10.8 billion in pension assets. Contributions to the Plan are funded equally by members and employers.
UPP is designed for growth, our doors are open to all employers and employees within Ontario’s university community
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.
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.
2022 at-a-glance
At December 31, 2022
103.3%
Funded*
$10.8B
Net assets
$551M
Total pension benefits paid in 2022
39,000+
Members
4
Participating universities
12
participating affiliate organizations
*On a smoothed asset basis
Building a resilient future
Committed to achieve a net-zero portfolio by 2040 with ambitious interim targets
Barbara Zvan, President
and Chief Executive Officer
“At UPP, we know that every team member is deeply connected to our purpose of bringing greater retirement peace of mind to the university sector by investing with integrity and serving members with care. This shared purpose unites and motivates the team, creating the foundation for a thriving and inclusive culture.”
Gale Rubenstein, UPP Board Chair
“With a strong groundwork
laid, we will continually
adapt and innovate in
service of our members
and the promise of a
bright new future under
UPP. That promise extends
to our broader impact
on the world, as we take
proactive steps to position
the Plan for sustainable
long-term growth.”
Our company
Member resources
Join the conversation
© 2023 University Pension Plan