Overall Rating Silver - expired
Overall Score 49.70
Liaison Whitney Crooks
Submission Date April 27, 2012
Executive Letter Download

STARS v1.1

Red River College Polytechnic
PAE-T2-6: Socially Responsible Retirement Plan

Status Score Responsible Party
Complete 0.25 / 0.25 Lori Grandmont
Manager
Human Resouce Services
"---" indicates that no data was submitted for this field

Does the institution offer a socially responsible investment option for retirement plans?:
Yes

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.


The website URL where information about the program, policy, or practice is available:

The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution and complete the Data Inquiry Form.