This committee advises Council on all matters related to pension.
The role of the UTFA Pension Committee:
Preamble: UTFA holds a permanent seat on the University Pension Plan’s (UPP) Employee Sponsor Committee (ESC) and maintains a permanent right to appoint a trustee on the Board of Trustees. UTFA’s ongoing governance role shall be supported by an UTFA Pension Committee.
- Meet with UTFA’s Employee Sponsor Committee (ESC) representative (who is also the chair of the UTFA Pension Committee) on a schedule established by September of each year and approved by UTFA Council.
- Consult with and advise the ESC representative and UTFA Council on any changes to benefits levels or contribution rates, and on any other UPP business, as appropriate.
- Consult with the ESC representative on UPP issues and/or on the development of documents related to the UPP.
- Develop an UTFA nomination and approval process for future members of both the ESC and the Board of Trustees. Develop a removal process for the ESC representative. All processes to be approved by UTFA Council.
Chair: Lisa Kramer
| Committee Members | Constituency |
|---|---|
| Erica Allen-Kim | teaching stream, Daniels Faculty of Architecture, Landscape, & Design |
| Joseph Carens | Retired, Department of Political Science |
| Paul Downes | tenure stream, Department of English |
| Lisa Kramer | tenure stream, Behavioural Finance, Management, UTM |
| James Mason | Music Library |
| Jun Nogami | UTFA VP, SBPW, tenure stream, Engineering, UTSG |
| Marcin Peski | tenure stream, Economics, Arts and Science, UTSG |
| Maureen Stapleton | UTFA Treasurer, teaching stream, Finance, Rotman, UTSG |
| Terezia Zorić | UTFA President, teaching stream, Social Justice Education, OISE, UTSG |
The Chair of the UTFA Pension Committee is Lisa Kramer, approved as the Chair of the UTFA Pension Committee for a 4-year term at the September 21, 2022 Council meeting.