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 September 2018
| Asset Class | Actual | Long Term Policy |
|---|---|---|
| Fixed Income | ||
| Cash & Cash Equivalents | 2.1% | 1.0% |
| Long Term Fixed Income | 27.5% | 29.0% |
| Real Return Bonds | 3.8% | 5.0% |
| Infrastructure Debt | 9.3% | 10.0% |
| 42.7% | 45.0% | |
| Equities | ||
| Canadian Equities | 10.1% | 10.0% |
| Global Equities | 15.3% | 10.0% |
| Emerging Equities | 4.8% | 5.0% |
| 30.2% | 25.0% | |
| Alternatives | ||
| Private Equity | 2.8% | 5.0% |
| Real Estate | 11.4% | 12.5% |
| Infrastructure Equity | 12.8% | 12.5% |
| 27.0% | 30.0% | |
| Total | 100.0% | 100.0% |
Investment Returns (Net, Annualized) to September 30, 2018
| 1 Year | 4 Year | 10 Year | |
|---|---|---|---|
| Staff Pension Plan | 7.3% | 6.9% | 6.8% |