{"id":797,"date":"2024-06-26T22:18:54","date_gmt":"2024-06-27T02:18:54","guid":{"rendered":"https:\/\/carleton.ca\/pfm\/cutheme-homepage\/"},"modified":"2025-12-05T15:32:47","modified_gmt":"2025-12-05T20:32:47","slug":"cutheme-homepage","status":"publish","type":"page","link":"https:\/\/carleton.ca\/pfm\/","title":{"rendered":"Pension Fund Management:"},"content":{"rendered":"\n
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\n Pension Fund Management: \n <\/h1>\n \n \n \n\n

The ÐÓ°ÉÔ­´´ University Retirement Plan was established by the University on April 1, 1948. Under the Plan, both Members and the University make contributions to the Retirement Fund which holds the assets that support the Plan.<\/p>\n\n\n <\/header>\n\n <\/div>\n\n

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Plan Highlights<\/h2>\n\n\n\n

The Plan is made up of two components \u2013 a Minimum Guarantee Pension and a Money Purchase Pension.  When you retire, you will receive a starting pension based on an amount equal to the Money Purchase Pension plus the excess, if any, of the Minimum Guarantee Pension over the Money Purchase Pension. Following retirement, each year the annual pension amount is adjusted based on a formula outlined in your annual pension statement. For detailed information on the pension benefit please consult the Pension Plan Booklet.<\/p>\n\n\n\n

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\n 4,762\n <\/p>\n

\n Plan members\n <\/p>\n <\/div>\n<\/div>\n\n\n

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\n 103%\n <\/p>\n

\n Funded Status\n <\/p>\n <\/div>\n<\/div>\n\n\n

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\n $84,817,000\n <\/p>\n

\n Annual Benefits Paid\n <\/p>\n <\/div>\n<\/div>\n\n\n <\/div>\n\n \n <\/div>\n<\/section>\n\n\n \n

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\n Human Resources \u2013 Pension Links\n <\/h2>\n\n <\/header>\n \n
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\n Pension & Retirement\n <\/h2>\n\n <\/header>\n\n \n \n \n