Human Resources

Workshops & Information Sessions

The pension plans at Western are defined contribution plans (also called capital accumulation plans).  Both the University and the member make contributions to an account in the member’s name, and the member owns all of the money in the account.  It is the responsibility of each member to make decisions on the investments held within their account.  When a member leaves Western or retires there are a number of options for the accumulated savings.

The options and decisions to make, both during membership and when it’s time to leave or retire, can be complex. To assist members in understanding and evaluating their responsibilities and options, Human Resource Services offers several education and communication programs. These can help you to plan and monitor progress on your journey towards your retirement goals.

Annual Members' Meeting

The Annual Meeting is a great opportunity to increase your understanding of Western’s retirement plans, see investment trends among your peers, talk about returns, and learn about fees. You’ll have the chance to gather information that will help you make investment decisions and plan your journey to retirement. 

View the presentation slides from this year's Annual Members' Meeting

Join us April 28, May 2 or May 4, 2016 for this year's annual meetings!  Learn more about the 2016 annual meetings

Sun Life - On-campus group information sessions - learn about your retirement income options

When the time comes to collect an income from your pension savings, you have options. You are invited to learn more about the Sun Life Retirement & Savings Plan for Western Retirees - the RIF plan designed and selected by Western. The Sun Life Plan offers investments familiar to members of the Western Pension Fund, and offers competitive fees - lower than you would find with other external RIF providers.  Read more about the Sun Life Plan.

Sun Life offers group information sessions that are perfect for those within five years of retirement and interested in learning more about the Sun Life Plan - introduced in 2015.

Next sessions: Friday, May 13th at 10 a.m. or noon

Location: UCC (University Community Centre), Room 41

To register: Visit the Sun Life registration site, enter your contact information, and choose your preferred time.  You will receive a confirmation email right away.  If you do not, please check your Western Spam Trap.

Full-day Financial and Pre-retirement Planning Workshop

Plan your journey to retirement! Registration is open for the full-day pre-retirement planning workshop. Workshops for 2015/2016 are on the following dates:

These workshops are aimed at members aged 45 plus who are considering retirement within the next ten years. The sessions are facilitated by an external consultant who will lead an unbiased discussion of the role of the Western pension, government pensions and private savings in retirement income planning.

Additional topics may include preparing for the transition into retirement, investing in retirement, and tax planning.

The sessions are open to all members of the Academic and Administrative Staff pension plans. Spouses are welcome and are encouraged to attend with the plan member. If your spouse will be joining you and is also an employee they should register themselves as outlined below; if your spouse is not an employee please register yourself as outlined in the instructions below and email cara.bourdeau@uwo.ca to register your spouse.

To register, login to My Human Resources, choose Manage Training Registration, then Enroll in Internal Training Courses.  Search by Course Name Retirement or by Course Number RETWFD. NOTE: If a session date listed above does not appear when you login to register it means the session is already full. You may check back later or email cara.bourdeau@uwo.ca to be placed on a waitlist.  

Read detailed registration instructions.

NOTE: attendance at the full-day workshop is permitted only once in your career.  Please contact HR if you wish to discuss the timing of your attendance.

Invest in yourself during Financial Literacy Week!

Each year in Financial Literacy Week, Western Human Resources presents free financial literacy workshops. Financial literacy is about having the knowledge, skill and confidence to make responsible financial decisions. In November 2015 three free workshops were presented:

Investing with Confidence

A copy of the Investing with Confidence booklet is available from Human Resources - email hrhelp@uwo for details.

Originally presented by Sun Life Financial at the Western Staff and Leaders’ Conference in February 2015, this session provides a gentle introduction to the types of accounts and investments in the financial marketplace that can help you meet your goals. The session was so well-received, Sun Life is offering it again!

Investing 101: Your Western Pension

A copy of the presentation is available for download here.

Western offers 15 investment options to choose from to suit your individual savings goals. Each option has a different level of risk and may be suitable at different points in your career. It is up to you to choose the mix that is right for you. Come and learn about your options!  View handout here.

Investing 200: Behind the scenes on  Western's two largest funds

A copy of the presentation is available for download here.

Are you interested in a deeper understanding of how the pension plan investment options are constructed? Join us for a behind the scenes look at how the investment funds are created, using the recent changes to the Diversified Equity Fund and Diversified Bond Fund as a guide. View handout here.  

Get to know your Pension Plan

When it comes to your pension plan at Western each member is responsible for the decisions made on their account. Our goal is to make information about your Western plan as simple as possible.  You’ll find lots of helpful information in our Western Pension Plan Summary.  If you have questions, feel free to call Human Resources at 519-661-2194 or email hrhelp@uwo.ca.