Standing technical advisory committee for Multi-Employer Defined Benefit Pension Plans

Meeting summary

Date: Thursday, October 29, 2020
Time: 9:30 a.m. to 11:00 a.m.
Location: Videoconference

This summary sets out the key points discussed at the October 29, 2020 meeting.

Public consultation on FSRA Statement of Priorities and Budget

FSRA published its proposed 2021-22 Statement of Priorities and Budget for public consultation on October 13, 2020.  The Committee heard about the pension sector priorities, which include identifying ways within the regulatory framework to foster a vibrant employment-based pension pillar in Ontario, developing strategies for member communications and engagement, continuing enhancement of the prudential supervision framework, and improving regulatory effectiveness and efficiency.

MEPP Best practices working document

The committee provided feedback on the MEPP Best Practices working document.  Discussion centred around:

  • governance, including education of trustees and succession planning,
  • risk management and investing, and
  • communication with members, participating employers, sponsoring trade unions, and other key stakeholders.

FSRA will use feedback from the committee to develop information guidance for DB MEPP trustees and their advisors.

Next meeting

The next meeting of the committee is scheduled for the spring of 2021.

Attendance record

Invited/Attended

Company Name

Attendance Status
(A)ttended; (R)egrets; (S)ubstitute; (VC)Videoconference

Paul Martiniello

FSRA –Director, Relationship Management and Special Pension Services 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

R

Luc Girard

Mercer

VC

Michael Mazzuca

Koskie Minsky

VC

Mike Neheli

Manion, Wilkins & Associates Ltd.

VC

Andrew Fung

FSRA

VC

Anne Slivinskas

FSRA

VC

David Bartucci

FSRA

VC

Lynn Barron

FSRA

VC

Michael Palozzi

FSRA

VC

Patrick Rettig

FSRA

VC

Available in French upon request.