University Pension Plan Ontario

The University Pension Plan Ontario (UPP) is a new defined benefit jointly sponsored pension plan (JSPP) designed to enhance the long-term sustainability of Ontario university pension plans. The UPP will replace five pension plans now in place at the three founding universities, the University of Toronto, Queen's University and the University of Guelph. Over time the UPP will serve other Ontario universities who wish to join, with the support of their pension plan members. Conditional on regulatory approvals, the plan will be operational on July 1, 2021.