The University and its staff association, WLUSA/OSSTF District 35, recently agreed to a new contract that contains changes to the pension plan. These changes acknowledge the very real challenges being faced by pension plans everywhere, including Laurierís pension plan.
It is helpful to know that the Laurier pension plan is a hybrid plan which includes two key elements: a Money Purchase account for each member and a Minimum Guaranteed Pension level. For more information about the Laurier pension plan, please click here.
Please click on the following links for outlines of the key changes: