University of Saskatchewan

Financial Services Division (FSD)

Pension Plans

This page contains a summary of the pension plans applicable to the various employee groups at the University of Saskatchewan. It also contains financial and governance information, investment and expense policies as well as communications sent to members.

Academic Defined Benefit PlanAcademic Money Purchase PlanNon-Academic PlanResearch Plan Retirees Plan

Academic Defined Benefit Plan

This is a closed plan effective June 30, 2000. All eligible appointments after June 30, 2000 are required to enroll in the Academic Money Purchase Pension Plan.

Plan Summary
Financial Statements
Governance Document
Investment Policy
Funding Policy
Pension News

Academic Money Purchase Plan

Plan Summary
Expense Policy
Financial Statements
Governance Document
Investment Policy
Pension News
Sun Life Link

Non-Academic Plan

Plan Summary
Financial Statements
Governance Document
Investment Policy
Funding Policy
Pension News

Research Plan

Plan Summary
Financial Statements
Governance Document
Investment Policy
Pension News
Sun Life Link

Retirees Plan

Plan Document
Expense Policy
Financial Statements
Governance Document
Investment Policy
Funding Policy
Pension News

University of Saskatchewan Group Retirement Fund

The Group Retirement Fund is sponsored by the University of Saskatchewan in conjuction with the Service Provider (Sun Life Financial) for members of the Academic Money Purchase Pension Plan and will offer a Prescribed Retirement Income Fund (PRIF) and several other retirement vehicles, where applicable.

The main purpose of the Group Retirement Fund is to provide members who are retiring under the Academic Money Purchase Pension Plan a viable, seamless and cost efficient alternative to transferring their pension funds to a PRIF in the market place to provide a retirement income.

How does this affect you?

The Board has also approved that all members of the Academic Defined Benefit Pension Plan (who opt for the payout option in lieu of a pension from their plan),  Academic Money Purchase Pension Plan and the Research Pension Plan who are retiring may transfer their pension contributions to the University of Saskatchewan Group Retirement Fund.  You will be able to purchase a PRIF through the Group Retirement Fund and invest your funds in any of the eight investment options in the Group Fund.

If you have any questions about the Group Retirement Fund, please contact either Heather Fortosky (Director of Pensions) or Kendra Dumont (Pension Manager) at 966-6633.  To view the Group Retirement Fund Harvest Your Savings presentation, please click on the link below:

Group Retirement Fund Harvest Your Savings Presentation PDF