This is UTFA’s first fall newsletter on the University Pension Plan (UPP) initiative. It is full of useful UPP information.
This brief message is meant to update you on pension plan negotiations.
On the evening of Wednesday, April 25, the UTFA Negotiating Team for Salary, Benefits, Pensions and Workload reached agreement on a tentative two-year settlement, covering the period July 1, 2018 to June 30, 2020. This agreement was ratified by UTFA Council at its meeting on May 15, 2018.
University administrations, faculty associations, unions and other staff groups at University of Toronto, University of Guelph and Queen’s University have been working diligently to develop a new pension plan that would cover employees at all three universities: the University Pension Plan (UPP). Once established, the JSPP will be open to other Ontario universities joining. This will create a larger pool for sharing pension costs and risks.
Since early 2017, UTFA has been calling on the University Administration to provide greater transparency regarding its asbestos abatement activities in the Medical Sciences Building (MSB) on the St. George campus.