The UPP Board of Trustees is pleased to announce the selection of Barbara Zvan as the inaugural President and CEO of the UPP.

Now that the University Pension Plan (UPP) has been established, we want to take this opportunity to introduce ourselves – your Board of Trustees – and share an update on the UPP.

Built on the efforts of a large group of stakeholders over a number of years, the UPP is the new jointly sponsored multi-employer pension plan for the Ontario university sector.

Following a comprehensive national search, the UPP Joint Sponsors – comprising the Employee Sponsor (Faculty Associations, United Steel Workers locals, and CUPE locals) and the Employer Sponsor (University of Toronto, University of Guelph and Queen’s University) – are pleased to announce the selection of Ms. Gale Rubenstein as the inaugural Chair of the UPP Board of Trustees.

As communicated in July 2019, the consent process for the University Pension Plan Ontario (UPP) has been successfully completed, with each of the five existing pension plans at the University of Toronto, University of Guelph and Queen’s University surpassing the required threshold.

The University of Toronto, University of Guelph and Queen’s University – together with their faculty associations, the United Steelworkers (USW) and representatives of non-unionized employees (through the Ontario Association of Non-Unionized University Employees) – are pleased to announce that the required consent threshold for each of the five existing pension plans has been surpassed, enabling the conversion to the UPP to proceed.

As previously communicated, representatives of the administrations, faculty associations and USW at U of T, Guelph and Queen’s, in consultation with representatives of the non-represented employees, have been working diligently to develop and implement the University Pension Plan (UPP).