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 March 31, 2020
| Asset Class | Actual | Long Term Policy |
|---|---|---|
| Cash & Cash Equivalents | 0.8% | 1.0% |
| Long Term Fixed Income | 26.4% | 19.0% |
| Real Return Bonds | 0.0% | 0.0% |
| Infrastructure Debt | 10.6% | 10.0% |
| Mortgages | 6.0% | 5.0% |
| TOTAL FIXED INCOME | 43.9% | 35.0% |
| Canadian Equities | 6.6% | 7.5% |
| Global Equities | 15.6% | 15.0% |
| Emerging Equities | 6.9% | 7.5% |
| TOTAL EQUITIES | 29.1% | 30.0% |
| Private Debt | 0.5% | 7.5% |
| Private Equity | 3.7% | 5.0% |
| Real Estate | 9.8% | 10.0% |
| Infrastructure Equity | 13.0% | 12.5% |
| TOTAL ALTERNATIVES | 27.0% | 35.0% |
Investment Returns (Net, Annualized) to March 31, 2020
| 1 Year | 4 Year | 10 Year | |
|---|---|---|---|
| Staff Pension Plan | 0.0% | 5.8% | 7.6% |