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Standing Technical Advisory Committee for Public Sector Pension Plans (PSPP)

Meeting summary

Date: October 1, 2025
Time: 10:00 – 11:30am 
Location: Hybrid

This summary sets out the key points discussed at the October 1, 2025 meeting.

FSRA updates

  • FSRA is undertaking an internal data clean up initiative. More details will be available in the coming E-Blast.
  • FSRA is planning for the 4th annual Pension Awareness Day campaign. Pension Awareness Day will be February 19, 2026. FSRA is beginning work with communications and other stakeholders.

Target Benefit Supervisory Framework

  • FSRA updated the Committee on the consultation which closes October 14, 2025 for FSRA’s Target Benefit Supervisory Framework guidance.

International Monetary Fund report

  • FSRA discussed the outcomes of the IMF’s recently published Financial Sector Assessment Program (FSAP) report. This report was the outcome of a review by the IMF of various aspects of FSRA’s pensions oversight. IMF’s 2025 FSAP was the first review of Canada’s pension sector stability and regulatory and supervisory regime.  

Next meeting

The next meeting of the committee is scheduled for Winter 2026.

Attendance record

Invited/AttendedCompany nameAttendance status
(A)ttended; (R)egrets; (S)ubstitute; (VC)Videoconference; (P)Phone
James HoffnerFSRA – Head, Prudential Supervision Large Public Sector Pension Plans and Committee Co-ChairA
Glorie AlfredOntario Teachers Pension Plan and Committee Co-ChairA
Cynthia CryslerCavalluzzo LLPVC
David GordonCAATR
Hrvoje LakotaInvestment Management Corporation of OntarioVC
Laura BrownellUPPR
Mark JansonCUPE National OfficeVC
Murray GoldKoskie MinskyR
Paul WinnettMorneau Shepell LtdVC
Rachel ArbourHOOPPVC
Sukhvinder DulayOMERSVC
David Bartucci, Faisal Siddiqi, Grace Charlton, Jeff Sweeting, Jennifer Mullen, Jessica Ramdin, Karima Shajani, Leticia Cooper, Mathew Ou, Rhea Tubigan, Sylvie Charest, Tim ThomsonFSRAVC
Alex Killoch, Kevin Curtin, Susan AmplefordMOFVC