This records class is a Personal Information Bank.
Content & Scope
The pension administration system tracks individual plan members' entitlements under the University's pension plan. Data is transmitted to the system from the human resources management system.
For documents supporting the records in the pension administration system, see HR52 – Employee Files (Financial), HR70 – Pension Beneficiary Files, and HR72 – Pension Cards.
Associate Provost, Human Resources.
To meet legal requirements, the minimum retention period is as long as the member/beneficiary has an entitlement under the plan.
- University of Waterloo Act, 1972.
- Pension Benefits Act, ss. 19 and 22.
- FSCO Policy A300-200: Management and Retention of Pension Plan Records by the Administrator.
The retention period is based on current practice.
26 October 2011