Dear QUFA Members,
Attached you’ll find two documents about the new Voluntary Phased Retirement Program negotiated as part of the deal for QUFA to consent to the conversion of the Queen’s Pension Plan to the University Pension Plan. It should be noted that Queen’s has opted to offer this Program to QUFA Members whether or not the University Pension Plan begins operations on July 1, 2021.
The first attachment is a QUFA Infosheet designed to draw your attention to key elements and requirements of the Program. The second is the actual Letter of Agreement (LOA) that will form part of the Queen’s-QUFA Collective Agreement. If you are contemplating applying for this Program, please read both documents carefully – including limitations on the kind of advice QUFA can offer you – and note that the first applications are due July 1, 2020 for people wishing to begin phased retirement July 1, 2021.