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 |
---|---|---|
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.