2025 COLA for UAPP Pensioners is 1.74%
The 2025 cost-of-living adjustment (COLA) for pensioners who retired prior to January 1, 2024 is 1.74%. For persons who retired in 2024, the COLA increase is prorated based on the number of complete months the person was on pension in the year. The increase is applied to the base pension, including any bridge benefit that […]
Mail Services Options due to Canada Post Strike
Due to the ongoing strike at Canada Post, we have implemented the following alternative solutions to minimize impact on our members: • For members with email addresses on file, the UAPP Administration Centre will send out all options packages (retirements, terminations, marriage breakdown calculations, and others) via secured email. Members can also return their election options […]
Maximum Pensionable Salary under the UAPP for 2025 increases to $209,223.33
The increase in the YMPE to $71,300 combined with the announced maximum pension benefit of $3,756.67 in 2025 for each year of service under defined benefit pension plans means that the maximum pensionable salary (sometimes called the pensionable salary cap) under the UAPP will rise to $209,223.33 in 2025, up from $201,050.00 in 2024. In […]
Year’s Maximum Pensionable Earnings under CPP for 2025 increases to $71,300 from $68,500 in 2024
The Canada Revenue Agency has announced that the Year’s Maximum Pensionable Earnings (YMPE) under the Canada Pension Plan (CPP) for 2025 will be $71,300 – up 4.1% from $68,500 in 2024. The second earnings ceiling, the Year’s Additional Maximum Pensionable Earnings (YAMPE), will be $81,200 – up 10.9% from $73,200 in 2024. The YAMPE will be […]
UAPP CEO Announcement
APPOINTMENT OF UAPP CHIEF EXECUTIVE OFFICERThe Universities Academic Pension Plan (UAPP) Board of Trustees is very pleased toannounce the appointment of its new Chief Executive Officer (CEO), Mr. Chris Schafer,effective April 1, 2024.Mr. Schafer has been with UAPP since September 2013 as the Director, Finance andAdministration.The responsibilities of the UAPP CEO include advancing […]