Pension and benefits
Benefits plan
Ontario Tech University's benefits plan is designed to provide staff with comprehensive coverage and a level of flexibility that recognizes your unique needs. The benefits plan features medical, dental, disability and insurance coverage, along with a health spending account that provides our staff with the flexibility to pay for eligible healthcare expenses effectively. For more information on the university's benefits plan, please contact the Human Resources department.
Pension plan
The university's pension plan is a defined contribution plan in which staff and the university work together to build retirement savings. Plan members are required to contribute a percentage of pensionable earnings to the plan each year as set out in the applicable collective agreement(s) or policy. In addition, the university will contribute a percentage of an employee's pensionable earnings as set out in the applicable collective agreement(s) or policy. Every plan member may elect to make additional voluntary contributions of up to three per cent of pensionable earnings and on an annual basis, an employee can decide whether the university's supplementary contribution of up to two per cent of pensionable earnings, is made to the pension plan or to the employee's health spending account. For more information on the pension plan, please contact the Human Resources department.
At a glance
Benefits
Disability Management Programs
Pension
Pension and Benefits Committee members
Sun Life contact information
sunlife.ca/member
1.877.521.8805
