The Annual Pension Plan Meeting was held on October 9

It was web-based with some five hundred members initially registered for the event. In the end three hundred members were online for the meeting itself with a good number staying for the duration of the meeting.

After the Pension Board Members introduced themselves, the Chair of the Board—Jeff Bichet—orchestrated the presentation of the Annual Report organized as follows: 2024 Highlights, Plan Membership, Investments, Funding Policy, Financial Status of the Fund, Actuarial Valuation, Plan Management, What’s Ahead, Resources for Members and Retirement Planning.

Prior to the meeting, the Annual Report had been mailed to CUPA members; it is currently available online see Links tab.

There was no motion from the floor (registered participants) calling for elections to replace members (other than those appointed by the Board of the University).

The meeting ended with an open discussion of written questions posed by those online. These included: the potential role of crypto currencies in our portfolio, the significance of our holdings with asset managers investing in privates, the reason for our significant investments in the real-estate sector.