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Financial Statements and Plan Performance

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At the request of the McMaster University Retiree Association and as approved by the Pension Trust Committee, an Annual Report to Members will be made available each year. The report will include key documents pertaining to both the administration and investment aspects of the pension plans.

McMaster University currently has two Salaried Pension Plans referred to throughout this report as the “Original Plan” and “Plan 2000”. These two Plans originated as a result of the surplus distribution and are similar in plan design.  As a result, both Plans are included in this consolidated Annual Report to Members.

McMaster Human Resources Services in conjunction with Financial Affairs is committed to continually improving upon the information provided within this report. We encourage you to forward any suggestions or comments to Human Resources Services.

Please note, the documents contained in this Annual Report have been consolidated for ease of reference.  Should a discrepancy occur between the original documents and the versions contained in this report, the originals will govern in the case of error.

Financial Statements

Financial Statements as at June 30, 2024 – Original Plan

Financial Statements as at June 30, 2023 – Original Plan

Financial Statements as at June 30, 2022 – Original Plan

Financial Statements as at June 30, 2021 – Original Plan

Financial Statements as at June 30, 2020 – Original Plan

Financial Statements as at June 30, 2019 – Original Plan

Financial Statements as at June 30, 2018 – Original Plan

Financial Statements as at June 30, 2017 – Original Plan

Financial Statements as at June 30, 2016 – Original Plan

Financial Statements as at June 30, 2015 –  Original Plan

Financial Statements as at June 30, 2024 – Plan 2000

Financial Statements as at June 30, 2023 – Plan 2000

Financial Statements as at June 30, 2022 – Plan 2000

Financial Statements as at June 30, 2021 – Plan 2000

Financial Statements as at June 30, 2020 – Plan 2000

Financial Statements as at June 30, 2019 – Plan 2000

Financial Statements as at June 30, 2018 – Plan 2000

Financial Statements as at June 30, 2017 – Plan 2000

Financial Statements as at June 30, 2016 –  Plan 2000

Financial Statements as at June 30, 2015 – Plan 2000

Annual Pension Increase

Audit Statement – Annual Pension Increase effective January 1, 2025 (for Unifor Local 5555 Unit 1 retirees who were hired on or after May 1, 2010)

Audit Statement – Annual Pension Increase effective January 1, 2025 (for all other retirees)

Audit Statement – Annual Pension Increase effective January 1, 2024 (for Unifor Local 5555 Unit 1 retirees who were hired on or after May 1, 2010)

Audit Statement – Annual Pension Increase effective January 1, 2024 (for all other retirees)

Audit Statement – Annual Pension Increase effective January 1, 2023 (for Unifor Local 5555 Unit 1 retirees who were hired on or after May 1, 2010

Audit Statement – Annual Pension Increase effective January 1, 2023 (for all other retirees)

Audit Statement – Annual Pension Increase effective January 1, 2022 (for Unifor Local 5555 Unit 1 retirees who were hired on or after May 1, 2010)

Audit Statement – Annual Pension Increase effective January 1, 2022 (for all other retirees)

Audit Statement – Annual Pension Increase effective January 1, 2021 (for Unifor Local 5555 Unit 1 retirees who were hired on or after May 1, 2010)

Audit Statement – Annual Pension Increase effective January 1, 2021 (for all other retirees)

Audit Statement – Annual Pension Increase effective January 1, 2020 (for Unifor Local 5555 Unit 1 retirees who were hired on or after May 1, 2010)

Audit Statement – Annual Pension Increase effective January 1, 2020 (for all other retirees)

Audit Statement – Annual Pension Increase effective January 1, 2019

Audit Statement – Annual Pension Increase effective January 1, 2018

Annual Average Rate of Return

Audit Statement – Rate of Return as at June 30, 2024

Audit Statement – Rate of Return as at June 30, 2023

Audit Statement – Rate of Return as at June 30, 2022

Audit Statement – Rate of Return as at June 30, 2021

Audit Statement – Rate of Return as at June 30, 2020

Audit Statement – Rate of Return as at June 30, 2019

Audit Statement – Rate of Return as at June 30, 2018

Audit Statement – Rate of Return as at June 30, 2017

Salaried Pension Plan – Total Fund Performance as of December 31, 2024

Salaried Pension Plan – Total Fund Performance as of June 30, 2024

Salaried Pension Plan – Total Fund Performance as of December 31, 2023

Salaried Pension Plan – Total Fund Performance as of June 30, 2023

Salaried Pension Plan – Total Fund Performance as of December 31, 2022

Salaried Pension Plan – Total Fund Performance as of June 30, 2022

Salaried Pension Plan – Total Fund Performance as of December 31, 2021

Salaried Pension Plan – Total Fund Performance as of June 30, 2021

Salaried Pension Plan – Total Fund Performance as of December 31, 2020

Salaried Pension Plan – Total Fund Performance as of June 30, 2020

Salaried Pension Plan – Total Fund Performance as of December 31, 2019

Salaried Pension Plan – Total Fund Performance as of June 30, 2019

Salaried Pension Plan – Total Fund Performance as of December 31, 2018

Salaried Pension Plan – Total Fund Performance as of June 30, 2018

Salaried Pension Plan – Total Fund Performance as of December 31, 2017

Salaried Pension Plan – Total Fund Performance as of June 30, 2017

Salaried Pension Plan – Total Fund Performance as of December 31, 2016

Salaried Pension Plan – Total Fund Performance as of June 30, 2016

Salaried Pension Plan – Total Fund Performance as of December 31, 2015

Salaried Pension Plan – Total Fund Performance as of June 30, 2015

Salaried Pension Plan – Total Fund Performance as of December 31, 2014

Salaried Pension Plan – Total Fund Performance as of June 30, 2014

Salaried Pension Plan – Total Fund Performance as of December 31, 2013

Salaried Pension Plan – Total Fund Performance as of June 30, 2013

Salaried Pension Plan – Total Fund Performance as of December 31, 2012

Salaried Pension Plan – Total Fund Performance as of June 30, 2012

Salaried Pension Plan – Total Fund Performance as of December 31, 2011

Salaried Pension Plan – Total Fund Performance as of June 30, 2011

Salaried Pension Plan – Total Fund Performance as of December 31, 2010

Salaried Pension Plan – Total Fund Performance as of June 30, 2010

Salaried Pension Plan – Total Fund Performance as of December 31, 2009

Salaried Pension Plan – Total Fund Performance as of June 30, 2009

Salaried Pension Plan – Total Fund Performance as of December 31, 2008

Any questions regarding Salary Pension Plan Investment Performance should be directed to the Treasury Operations.