The University of Saskatchewan's pension plans help faculty and staff create financial security in retirement. The Pension Office administers five pension plans for eligible members and is responsible for the overall effective and efficient administration of the plans.
Open Pension Plans
Academic Money Purchase Pension Plan
For USask faculty and staff.
CAAT DBplus Pension Plan
For all current CUPE 1975 members and members of the Non Academic Pension Plan.
Closed Pension Plans
Retirees Pension Plan
The Retiree Pension Plan is a closed defined benefit plan with all pensions currently in pay.
Retirement information in PAWS
There is a retirement channel in PAWS that is full of valuable information for faculty and staff who are considering retiring in the next 2-3 years, including:
- when to give notice of retirement
- pension and retirement income decisions
- benefit options after retirment
- retirement checklist
- post-retirment benefits
- and more
Pension Office
The Pension Office identifies and establishes operating guidelines of the pension plans and provides support to the various pension committees. It acts as a liaison and resource between the investment consultant, investment managers, actuary, custodian, service provider and pension committees.
The administration of pension benefits includes:
- receiving and remitting member contributions to the custodian/service provider
- maintaining member data
- calculating and processing pension benefits
- marital breakdown calculations
- producing pension statements
- responding to member requests for pension plan information
- providing communication for the plans
- preparing financial statements
- preparing various reports for the pension regulators
Please contact our office if you require further information.
You can submit completed paperwork by email, mail, fax or drop box outside of Admin E140. Please note that Pension staff are currently working in a hybrid environment so there is not always a staff member on campus. If you need to meet in person, please schedule an appointment by emailing pension@usask.ca.
Pension Staff
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Getting Help
Pension Office
Room E140 Administration Building
University of Saskatchewan
105 Administration Place
Saskatoon, SK S7N 5A2
(306) 966-6633
(306) 966-2036
pension@usask.ca
Sun Life Financial
You can also contact Sun Life to speak to Sun Life’s customer care centre—they can help you:
- Determine how comfortable you are with investment risk
- Review your investment options
- Consider which funds are most appropriate for you
- Complete your transactions over the phone (with your consent)
Sun Life Financial
1-866-733-8612
mysunlife.ca