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 June 2018
| Asset Class | Actual | Long Term Policy |
|---|---|---|
| Fixed Income | ||
| Cash & Cash Equivalents | 2.0% | 1.0% |
| Long Term Fixed Income | 28.3% | 29.0% |
| Real Return Bonds | 3.9% | 5.0% |
| Infrastructure Debt | 9.4% | 10.0% |
| 43.6% | 45.0% | |
| Equities | ||
| Canadian Equities | 10.1% | 10.0% |
| Global Equities | 14.8% | 10.0% |
| Emerging Equities | 5.0% | 5.0% |
| 29.9% | 25.0% | |
| Alternatives | ||
| Private Equity | 2.8% | 5.0% |
| Real Estate | 11.0% | 12.5% |
| Infrastructure Equity | 12.8% | 12.5% |
| 26.5% | 30.0% | |
| Total | 100.0% | 100.0% |
Investment Returns (Net) to June 30, 2018
| 1 Year | 4 Year | 10 Year | |
|---|---|---|---|
| Staff Pension Plan | 6.8% | 7.6% | 6.0% |