About the Combination Pension Plan
Refer to the History of the Plan for a brief account of various revisions and amendments since the Plan was established in 1968.
This website is a summary only. For more information, please review the Combination Pension Plan Document, which provides a complete description of the plan, membership eligibility and enrollment, contributions, benefits, and other relevant topics.
Disclaimer: We make every effort to ensure that all information on this website is accurate and complete. Should any discrepancy exist, the Plan Documents, statutes, or regulations shall apply.
Governance
The Combination Pension Plan is governed and administered by a Board of Trustees (the "Pension Board"), which operates independently from the University of Victoria, under the terms of a Trust Agreement. More information about the Pension Board and its role and responsibilities can be found under the Governance section of this website.
Type of pension plan & membership
Members of other employee groups may belong to different pension plans. For more information about your membership, please visit which plan do I belong to?, review your paystub, or contact us.
There are different types of pension plans. The Combination Pension Plan is a hybrid pension plan, with elements of both a defined contribution plan and a defined benefit plan. It may be described as a defined contribution plan with a minimum defined benefit component.
To find out more: