Members of the Wilfrid Laurier University Pension Plan have consented to join the University Pension Plan.
With member consent secured, Wilfrid Laurier will submit a formal application to the Financial Services Regulatory Authority of Ontario for approval. Earlier this month, eligible members of the Victoria University General Pension Plan, along with the Trent University Staff Plan, became members of the UPP.
Read: Victoria University, more Trent University workers joining UPP
“We are incredibly grateful for the trust and confidence that Laurier members have placed in UPP,” said Barbara Zvan, president and chief executive officer of the UPP, in a press release. “We look forward to supporting them through their transition to UPP to ensure a seamless conversion and ultimately providing secure, lifelong pension income.”