This plan, administered by Sun Life Financial, the largest provider of group retirement plans in Canada, offers Group RRSP and Tax Free Savings Account (TFSA) options to all permanent CUPE members. Each CUPE member enrolled in this benefit pays 2% of earnings for hours worked to the plan. Athabasca University contributes 4% of an employee’s earnings to it.
It is necessary to apply for this benefit if you have not already done so when this was made available in October 2012. Information on how to apply and a brochure from Sun Life about the program are available in the HR & Finance Portal within MyAU under “Tutor (CUPE)” in the Pay and Benefits Section on the upper right-hand side of the page.