Governance Review

In 2015, the UBC Faculty Pension Plan (FPP) Governance Policy was updated to comply with British Columbia pension legislation and it was agreed that a governance review would be completed in 2016. An independent third party, Aon Hewitt, was engaged by the UBC FPP Board to conduct the governance review, which determined that the Plan is very well governed and there are no issues or concerns with the governance structure. There are formal processes in place to ensure that the Plan is managed in the best interests of members and administered in compliance with the British Columbia Pension Benefits Standards Act and Income Tax Act. Visit the Plan Governance section of our website for governance information and related documents.