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Clarification of pension amounts in recently mailed package

March 28, 2019

Members of the U of T Pension Plan have begun to receive their University Pension Plan (UPP) Transition Notice Package by mail sent to each active participant’s home address. The package contains information regarding your individual entitlements as of September 30, 2018.

The pension amounts shown on Schedule 1 and Schedule 2 are monthly amounts even though they are described as annual amounts on the Schedules. In keeping with normal practice, your annual pension statement shows monthly pension amounts. We will be sending a clarification notice by mail to your home address that will show both the monthly and annual pension amounts.