| 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 |
Does the institution offer a socially responsible investment option for retirement plans?:
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:
Data source(s) and notes about the submission:
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 or simply email your inquiry to stars@aashe.org.