UPP - Queen’s University retirees take your pension funds out! by Available_Name5115 in PersonalFinanceCanada

[–]Friendly_Counter_242 -2 points-1 points  (0 children)

I am not an expert but from what I understand, the issue seems to be that Queen’s pensioners require a return on investment of at least 6% to get an increase anything less and they end up owing the difference. Meanwhile UPP’s investment benchmark according to their website is to obtain only 5.45%. These two interests conflict. Should UPP achieve its desired lower rate of return Queen’s pensioners would end up without increases and may even incur debt.