Human Resources

Workshops & Information Sessions

 Coming Up Next:

  • Thanks to all who attended our May events. Watch here for events in fall 2018!

The pension plans at Western are defined contribution plans (also called capital accumulation plans).  Both Western 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.

Human Resource Services and Sun Life Financial offer education programs to assist members in understanding and evaluating their responsibilities and options as they navigate their journey towards retirement.

Full-day Financial and Pre-retirement Planning Workshop

Plan your journey to retirement! 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.

NOTE: Participation in the full-day workshop is intended only once in your career. Please contact Human Resources if you wish to discuss the timing of your attendance. As well, Human Resources recommends that employees be supported in attending this session by being granted paid time off to attend where the session occurs during an employee’s normal work hours.  Approval for time away from work is at the discretion of the leader and subject to the needs of the unit.

Registration is open for the full-day pre-retirement planning workshop. Workshops for 2018 are on the following dates:

Who should attend: Faculty and Staff members aged 45 plus who are considering retirement within the next 10 years. 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.

To Register: Log in to My Human Resources, choose Training, 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 it means the session is already full. You may check back later or email to be placed on a waitlist.

Read detailed registration instructions.

Free online webinars

Throughout the year Sun Life Financial hosts live online webinars on a variety of interesting and informative topics to help you manage your money, invest with confidence and plan your retirement.  Registration opens eight to ten weeks before each scheduled webinar.

Visit the Sun Life webinar webpage to browse topics and dates, and to register.

Financial Literacy Month - free workshops in November!

Financial wellness is an integral part of our overall wellness. Each year in November, Western Human Resources celebrates Financial Literacy Week by presenting free financial workshops. Financial literacy is about having the knowledge, skill and confidence to make responsible financial decisions. Watch this space for our 2018 sessions.

Annual Pension Plan Member Updates

The Annual Meetings are a great opportunity for you to increase your understanding of Western's Pension Plans, review performance and Plan changes, learn what other members are doing and hear about the projects ahead for the Joint Pension Board. Attend a session and gather information that will help you plan your journey to retirement. The evening meeting will feature a guest speaker!

Who should attend: Faculty and Staff of all ages who are participating in or eligible to join the Western Pension Plans. Spouses are welcome. (Registration not required.)

Time and Location:

View the presentation from the May 1 and May 9 member update

*Read document about Sun Life digital innovation - from presentation by Michael Carter, Director of Digital and Innovation in Group Retirement Services

Special Presentations - Completed May 2018

1. Understanding the Value of your Western Pension Plan

This session aims to ensure members are taking full advantage of all that the Western Pension Plan has to offer. Topics will include saving more, choosing your investments and understanding fees. Tools and resources are also covered, with a demonstration of the Asset Allocation Tool and Retirement Planner.

Who should attend: Faculty and Staff of all ages and stages of planning. (Registration not required.)

Time & Location: May 8, 2018 - complete

2. Retirement Ready: The Sun Life Retirement & Savings Plan for Western Retirees

When it's time to retire and begin collecting an income from your Western Pension, the Sun Life Retirement & Savings Plan for Western Retirees is a great option to take advantage of lower-than-market fees, and access to the same familiar investments you have come to know in the Western Pension Plan. Sun Life Financial is Western’s preferred RIF provider and this session will offer all you need to know about the Sun Life Plan. 

If you've been wondering how you’ll keep the money coming in when you retire - you've got choices when it comes to creating a retirement income from your savings. You can purchase an annuity or continue investing while drawing payments from a retirement income fund (RIF) such as the Sun Life Savings and Retirement Plan for Western Retirees.

Who should attend: Faculty and Staff who want to learn more about creating a pension income at retirement. The session will be of greatest interest to members within 10 years of retirement. (Registration not required.)

Time & Location: May 10, 2018 - complete

Watch the pre-recorded webinar version

Read more about the Sun Life Retirement & Savings Plan for Western Retirees

3. Canada Pension Plan (CPP) Benefits & Old Age Security (OAS)

This presentation will be led by a specialist from Service Canada.  The purpose of the presentation is to provide general information on the following topics: Eligibility requirements , pension amounts, the application process, other benefits available and changes to the Canada Pension Plan. This session was last offered in November 2017.

Who should attend: Faculty and Staff who want to learn about pension income from the government. (Registration not required.)

Time & Location: May 11, 2018 - complete

Information on CPP and OAS is available from the Government of Canada website or by calling 1-800-622-6232.