Information sessions

General information session

Intended for members of the McGill University Pension Plan and newly hired employees contemplating joining the Plan. Topics will include:

  • Should I join?
  • How much will I have to contribute?
  • How much will the University contribute on my behalf?
  • What investment options are available to me?
  • How do I decide which investment options are appropriate for me?
  • What is a hybrid pension plan?
  • What is the Defined Benefit Minimum Provision?
  • How do I make a change to my investment distribution?
  • How can I better understand my pension statement?

Retirement information session

Intended for all members of the McGill University Pension Plan, and of particular interest to those members approaching retirement. Topics will include:

  • How much will I need at retirement?
  • Understanding the importance of planning for your retirement,
  • Overview of the retirement options and decisions you will need to make, and
  • Tools to assist you in determining if you will have sufficient money at retirement.
  • Which benefits are available post-retirement?

Settlement options information session

Intended for members of the McGill University Pension Plan who need additional information on the settlement options available to them at retirement or termination of employment. Topics will include:

  • How much will I need at retirement?
  • What is a Life-Income Fund (LIF)?
  • What is an annuity?
  • Overview of the McGill Group LIF and other preferential arrangements
  • How do I access my pension holdings online?
  • What does locked-in mean?

Decumulation/payout phase information session

Intended for members of the McGill University Pension Plan who are approaching retirement and the payout phase of their careers.  It is highly recommended that you attend a Retirement Information Session and/or Settlement Options Information Session prior to registering for this session.  Topics will include:

  • What are the risks associated with the "decumulation"/payout phase of retirement?
  • Cash flow requirements, inflation and purchasing power, rates of return, longevity risk
  • What are the settlement and investment options available to me?
  • How to review your investment strategy and choose an investment dealer or representative?
  • What are my sources of income during retirement?  Which should I withdraw first?

Presentation slides

Copies of the slides used in the various presentations are available for your viewing. You are cautioned that the information provided in the various presentations may not adequately address your individual needs and circumstances and does not constitute financial advice. You should also consider obtaining investment advice from an appropriately qualified individual in addition to using any information contained in these presentations.  You may also wish to watch our video capsules.

PDF icon General Session (updated June 2022)

PDF icon Retirement Information Session (updated June 2022)

PDF icon Settlement Options (updated June 2022)

PDF icon Decumulation Session (updated June 2022)

PDF icon Potential Fossil Fuel Free Option in the MUPP - Presentation

 

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