The Staff Pension Plan is a target benefit plan with fixed contributions from both the University and Plan members.
The Plan is invested in a variety of asset classes through external investment managers (PDF).
Asset Mix
Updated to December 31, 2019
| Asset Class | Actual | Long Term Policy |
|---|---|---|
| Cash & Cash Equivalents | 1.1% | 1.0% |
| Long Term Fixed Income | 25.3% | 19.0% |
| Real Return Bonds | 0.0% | 0.0% |
| Infrastructure Debt | 10.1% | 10.0% |
| Mortgages | 5.7% | 5.0% |
| TOTAL FIXED INCOME | 42.2% | 35.0% |
| Canadian Equities | 8.0% | 7.5% |
| Global Equities | 16.6% | 15.0% |
| Emerging Equities | 8.1% | 7.5% |
| TOTAL EQUITIES | 32.7% | 30.0% |
| Private Debt | 0.3% | 7.5% |
| Private Equity | 3.1% | 5.0% |
| Real Estate | 9.0% | 10.0% |
| Infrastructure Equity | 12.6% | 12.5% |
| TOTAL ALTERNATIVES | 25.0% | 35.0% |
Investment Returns (Net, Annualized) to December 31, 2019
| 1 Year | 4 Year | 10 Year | |
|---|---|---|---|
| Staff Pension Plan | 12.6% | 7.7% | 8.5% |