Where it began
In the late 2000s, pension plans in the university sector faced existential financial and political pressures.
Employee groups and university administrations, with the support of the provincial government, began considering a multi-university jointly sponsored pension plan (JSPP) as a long-term pension solution for the sector. Moving to a JSPP model addressed many of the challenges facing university pension plans at the time, while offering a range of new advantages — including more member control over the future direction and outcomes of their pensions.
Employees and employers came together to build UPP. We would like to recognize the extraordinary efforts of this plan’s founders. It is our privilege to continue their work.
“Having contributed to UPP’s development since its early days, I am proud to see its continued growth and maturity in its second year. Together, we have built a stable, valuable pension plan that reflects our unwavering commitment to long-term retirement security for the people who make our university communities thrive. UPP’s dedication to safeguarding the financial security of its members gives me peace of mind for my own upcoming retirement.”
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