pensions

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OCUFA’s Contract Faculty and Faculty Complement Committee has been busy since December. Members have been identifying ways to mobilize their members in the lead-up to June’s provincial election. With the momentum generated by Bill 148, there has never been a better time to fight for fairness for contract faculty and keep postsecondary issues on the […]

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On Saturday, February 3 and Sunday, February 4, OCUFA held its second Board of Directors meeting of the 2017-18 academic year. Over the weekend, board members discussed the organization’s current priorities – good jobs and vibrant universities, university funding, and capacity building – with a focus on the postsecondary issues that will be receiving the […]

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On Friday, November 3rd, the annual OCUFA University Finance Workshop brought together faculty association members and staff from across Ontario who regularly review university financial statements. The day’s focus was on understanding and communicating the details of pension and retirement benefits, areas of financial complexity that many faculty members stretch to comprehend. The morning featured […]

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On Saturday, October 21 and Sunday, October 22, OCUFA held its first Board of Directors meeting of the 2017-18 academic year, and the first with Gyllian Phillips as OCUFA President . The weekend oriented new board members to OCUFA and allowed members to discuss developments in Ontario postsecondary education system and the organization’s revised priorities for the academic year: Good jobs/vibrant universities, university […]

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On July 20, OCUFA submitted formal recommendations on how Bill 148, Fair Workplaces, Better Jobs Act can be improved. The recommendations focus on delivering fairness for contract faculty who teach a growing number of courses at Ontario universities, but lack job security, receive low pay, and often do not have access to benefits. This follows […]

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On Saturday, May 13, OCUFA held its final Board of Directors meeting for the 2016-17 academic year. The day was an opportunity to discuss recent developments in higher education and review the organization’s current priorities: university funding, contract faculty and faculty complement, university governance, and faculty pensions. During a special lunchtime reception, board members celebrated […]

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On February 11 and 12, 2017, OCUFA held its second Board meeting of the 2016-17 academic year. The weekend provided an opportunity to discuss recent developments in higher education and review the organization’s current priorities: faculty pensions, contract faculty and faculty complement, university funding, and university governance. And, at a special reception, the Lorimer Award […]

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OCUFA has been working with the Ministry of Finance to ensure that the regulatory framework that will guide asset and liability transfers between single employer pension plans (SEPPs) and jointly sponsored pension plans (JSPPs) in Ontario’s broader public sector meets the needs of faculty associations across the province. On February 27, 2015, we submitted a written response to the government’s […]

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TORONTO – Ontario’s professors and academic librarians are welcoming the news that former Prime Minister Paul Martin will help develop a new Ontario Pension Plan. Martin’s appointment was announced yesterday by Premier Kathleen Wynne. “A consensus is building that that an enhanced public pension plan is a desirable solution to the growing retirement income security […]

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Following the extension of solvency relief to some universities (those that have already qualified for Stage 2 relief), OCUFA has been active on many fronts of the pension file.  Notable among these are consulting with government on draft regulations for transferring assets between plans; implementation of the Morneau report recommendations; and the pension coalition research project. A draft regulation has already been produced […]