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Standing Technical Advisory Committee for Multi-Employer Pension Plan (MEPP)
Meeting summary
Date: Wednesday, February 23, 2022
Time: 1:30 p.m. to 3:00 p.m.
Location: Videoconference
This summary sets out the key points discussed at the February 23, 2022 meeting.
General items
- Committee members reiterated their offer to form a smaller working group to support the development of a MEPP funding framework.
- A discussion group was proposed to discuss ineligible specified multi-employer pension plan contributions.
Defined benefit MEPP leading practice benchmarking
- FSRA updated the group on its progress to date and future work. The group gave feedback on this and their experiences to date.
Inflation
- The group discussed the article on inflation that FSRA recently published.
Survey feedback (FSRA and administrative errors)
- FSRA shared feedback received from the technical advisory committees (TACs) from a recent survey conducted by FSRA.
- Common administrative errors and the possibility of future FSRA guidance in the area was also discussed.
Member engagement and communications
- FSRA is working on a discussion paper on this topic, focusing on defined benefit plan members.
Draft principles based regulation guidance
- As a principles-based regulator, FSRA will be releasing draft guidance shortly to consult on FSRA’s approach to principles-based regulation. There will be sector-specific consultations, as well as a public consultation.
Next Meeting
The next meeting of the committee is scheduled for June 2022.
Attendance Record
Invited/Attended |
Company Name |
Attendance Status |
---|---|---|
Paul Martiniello |
FSRA –Director, Relationship Management and Committee Co-Chair |
VC |
Susan Bird |
Multi-Employer Benefit Plan Council of Canada and Committee Co-Chair |
VC |
Alain Malaket |
InBenefits |
VC |
Alex McKinnon |
United Steelworkers |
VC |
Bob Tangney |
N/A |
VC |
Cameron McNeill |
Segal |
VC |
Domenic Barbiero |
Eckler Ltd. |
VC |
Doug LeFaive |
GoldBlatt Partners |
VC |
James Pierlot |
Blue Pier |
VC |
Joan Tanaka |
Prudent Benefits Administration Services Inc. |
VC |
Kim MacPherson |
TEIBAS |
VC |
Kimberly Houston |
The McAteer Group of Companies |
VC |
Laura Brownell |
CUPE |
VC |
Lindsay McLeod |
Blake, Cassels & Graydon LLP |
VC |
Luc Girard |
Mercer |
VC |
Michael Mazzuca |
Koskie Minsky |
VC |
Mike Neheli |
Manion, Wilkins & Associates Ltd. |
VC |
Andrew Fung, Jennifer Rook, Joanna Spadafora, |
FSRA |
VC |
Alex Killoch, Anna Strathy |
MOF |
VC |