| Overall Rating | Silver - expired |
|---|---|
| Overall Score | 49.70 |
| Liaison | Maria Mendes |
| Submission Date | April 27, 2012 |
| Executive Letter | Download |
Red River College Polytechnic
PAE-T2-6: Socially Responsible Retirement Plan
| Status | Score | Responsible Party |
|---|---|---|
|
0.25 / 0.25 |
Lori
Grandmont Manager Human Resouce Services |
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indicates that no data was submitted for this field
None
Does the institution offer a socially responsible investment option for retirement plans?:
Yes
None
A brief description of the socially responsible investment option for retirement plans:
Red River College offers permanent full time employees a Defined Benefit Pension Plan in which RRC pays a specified monthly benefit on retirement that is predetermined by a formula based on the employee's earnings history, tenure of service and age, rather than depending on investment returns.
Pensions are calculated as follows:
2% of your Best Five Year Average Pensionable Earnings multiplied by pensionable service
minus
0.4% of the Average Canada Pension Plan Pensionable Earnings
multiplied by your pensionable service since January 1, 1966.
None
The website URL where information about the program, policy, or practice is available:
Data source(s) and notes about the submission:
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