Skip to McMaster Navigation Skip to Site Navigation Skip to main content
McMaster logo

Salaried Pension Plans

Contributory Pension Plan for Salaried Employees of McMaster University Including McMaster Divinity College 2000 (“Plan 2000”); and

Contributory Pension Plan for Salaried Employees of McMaster University Including McMaster Divinity College (“Original Plan”)

Expandable List

The plan highlights provide a summary of key provisions and information for members, based on their employee group.

Faculty

TMG

UNIFOR Members Hired on or Before April 30, 2010

UNIFOR Members Hired on or After May 1, 2010

Plan 2000 Pension Plan Text * – Effective January 1, 2019
The Plan was amended and restated effective January 1, 2019. The 2019 restatement:
  1. Consolidates the prior restatement (2014) and subsequent amendments into a single document;
  2. Clarifies specific Plan provisions that required refinement;
  3. Incorporates “housekeeping” changes;
  4. Reflects legislative changes since the 2014 restatement; and
  5. Aligns select Plan provisions with administrative practice.
Original Plan Pension Plan Text * – Effective January 1, 2019
The Plan was amended and restated effective January 1, 2019. The 2019 restatement:
  1. Consolidates the prior restatement (2014) and subsequent amendments into a single document;
  2. Clarifies specific Plan provisions that required refinement;
  3. Incorporates “housekeeping” changes;
  4. Reflects legislative changes since the 2014 restatement; and
  5. Aligns select Plan provisions with administrative practice.

There are no amendments to the Plan text since the Plan Restatement effective January 1, 2019.  Please refer to the Plan Text section for Plan details.

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 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, 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

Rate of Return – Audit Statement

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.

The Pension Trust Committee is administered by University Secretariat`s office. The membership list and terms of reference can be found on the Secreteriat`s webpage.

The following link will lead you to the McMaster University Business Management Services webpage. Once you click on the link, please scrolll down to “Investment (Treasury)”.

Statement of Investment Policies and Procedures – Salaried Pension Plans 

Information Box Group