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 2018
| Asset Class | Actual | Long Term Policy |
|---|---|---|
| Cash & Cash Equivalents | 1.9% | 1.0% |
| Long Term Fixed Income | 28.0% | 29.0% |
| Real Return Bonds | 3.8% | 5.0% |
| Infrastructure Debt | 10.2% | 10.0% |
| TOTAL FIXED INCOME | 44.0% | 45.0% |
| Canadian Equities | 9.1% | 10.0% |
| Global Equities | 14.2% | 10.0% |
| Emerging Equities | 4.6% | 5.0% |
| TOTAL EQUITIES | 27.9% | 25.0% |
| Private Equity | 3.3% | 5.0% |
| Real Estate | 11.8% | 12.5% |
| Infrastructure Equity | 13.0% | 12.5% |
| TOTAL ALTERNATIVES | 28.1% | 30.0% |
Investment Returns (Net, Annualized) to December 31, 2018
| 1 Year | 4 Year | 10 Year | |
|---|---|---|---|
| Staff Pension Plan | 2.2% | 5.9% | 7.9% |