University Benefits Survey. Part II (Pensions) [microform]

Results of a 1984 survey of pensions plans in 17 Ontario, Canada, universities are presented. Information is provided on: eligibility, types of plan, member contributions, university contributions, benefits on normal retirement (age 65) and on early retirement (age 55), trustee and investment manage...

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Bibliographic Details
Online Access: Request ERIC Document
Corporate Author: University of Western Ontario
Format: Microfilm Book
Language:English
Published: [S.l.] : Distributed by ERIC Clearinghouse, 1984.
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Summary:Results of a 1984 survey of pensions plans in 17 Ontario, Canada, universities are presented. Information is provided on: eligibility, types of plan, member contributions, university contributions, benefits on normal retirement (age 65) and on early retirement (age 55), trustee and investment manager, and pension committee composition and status. There are nine defined benefit plans, seven money purchase plans with minimum guarantees, and one money purchase plan with no guarantees; one university has a plan with minimum guarantees for those who were 45 years of age and belonged to the old plan as of July 1970. Contribution rates vary widely, and in all but four plans, university contributions at least match member contributions, but must also provide the benefits occurring under the plan. Indexing and annuities are also covered, along with benefit provisions on termination of employment and on death. The following universities are covered: Brock University, Carleton University, University of Guelph, Lakehead University, Laurentian University, McMaster University, Ontario Institute for Studies in Education, University of Ottawa, Queen's University, Ryerson, University of Toronto, Trent University, University of Waterloo, University of Western Ontario, Wilfrid Laurier University, University of Windsor, and York University. (SW)
Item Description:Availability: Council of Ontario Universities, 139 St. George Street, Suite 8039, Toronto, Ontario, M5S 2T4, Canada.
Sponsoring Agency: Council of Ontario Universities, Toronto.
Sponsoring Agency: Ontario Confederation of University Faculty Associations, Toronto.
Sponsoring Agency: Ontario Association of University Personnel Administrators, Toronto.
ERIC Note: For related document, see HE 018 072.
ERIC Document Number: ED253167.
Physical Description:47 p.
ISBN:9780887991950
0887991955