Pension Plan

The Queen's Pension Plan (QPP) is a hybrid pension plan of long standing that provides a benefit that is either an account-based annuity or, if greater, a formula-based defined benefit (known as the minimum guarantee). Note, however, that accrual of benefits in the QPP will stop effective July 1, 2021 following the anticipated conversion to the University Pension Plan Ontario (UPP), a new jointly sponsored pension plan in development for the university sector.

The Human Resources Pension Services page provides additional information and self-service resources for Queen's employees and pension plan members.


Fund Overview

Annual Returns (before fees)

Year Mar-31 Jun-30 Sep-30 Dec-31
2020 -10.4% 3.7% 6.3%  
2019 4.8% 3.7% 4.0% 13.9%
2018 6.5% 8.1% 7.4% -2.5%
2017 13.2% 11.7% 8.3% 10.4%
2016 0.0% 2.5% 11.8% 9.8%
2015 10.4% 6.9% 2.6% 5.2%
2014 16.5% 19.0% 14.3% 8.5%
2013 11.4% 14.3% 15.2% 19.4%
2012 1.7% 0.2% 11.9% 10.5%
2011 10.8% 15.0% -0.4% -0.9%
2010 25.1% 9.5% 8.5% 10.3%
2009 -20.7% -13.0% 4.6% 18.6%
2008 -2.2% -4.5% -14.2% -21.2%
2007 12.1% 17.7% 12.7% 3.7%
2006 15.3% 8.8% 9.1% 14.7%
See a full report of the assets held within the Revised Pension Plan.

Monthly Reports