Universities Academic Pension Plan (UAPP)
The primary objective of the Universities Academic Pension Plan (UAPP) is to provide retirement income to participating members. The UAPP also provides benefits in the event of death, disability or termination of employment.
The UAPP is a contributory defined benefit pension plan; that is both you and the University make contributions into the Plan fund based upon your salary, and your pension at retirement is determined by a formula which uses your highest average salary and your years of credited service while you were a member of the plan. Your pension does not depend on the amount you contribute.
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 benefits.
In order to be eligible for participation in the UAPP you must meet the following criteria:
||UAPP Commencement Date
|Faculty, Librarian, Faculty Service Officer or Administrative Professional Officer
||Full-time and Part-Time Continuing Academic Staff
||Commence on date of hire
Contract Academic Staff: Teaching, Sessional and Other Temporary 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
|Contract Academic Staff: Teaching, Sessional and Other Temporary 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 YMPE in each of the two consecutive years immediately prior to the date as in (a) above
|Contract Academic Staff : Teaching
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 contiguous service
UAPP Participation When Terms of Employment Change
When a change to the terms of your employment occurs, it may impact your participation in the plan. If you are unsure of how a change will affect participation in the UAPP please contact email@example.com