Standing Technical Advisory Committee for Public Sector Pension Plans (PSPP)
Meeting summary
Date: Wednesday, June 28, 2023
Time: 10:30 a.m. to 12:00 p.m.
Location: Videoconference
This summary sets out the key points discussed at the June 28, 2023 meeting.
General items
- The committee discussed recent Federal legislative changes affecting pension plans.
Member-Focused work
- FSRA discussed with the committee the learnings from the first Pension Awareness Day. FSRA and the committee brainstormed themes for the next Pension Awareness Day and FSRA Exchange (both early 2024).
Guidance updates
- FSRA provided updates on upcoming pension-specific guidance documents, including guidance related to plan amendments and guidance on roles and responsibilities. The proposed all-sector guidance on IT risk management and principles-based regulation were discussed.
Improving regulatory harmonization across Canada
- FSRA provided an update to the committee on the progress of work on various CAPSA guidelines as well as the expansion of the agreement respecting multi-jurisdictional pension plans.
Late filings
- FSRA provided an update on the actions it has taken to address late filings. FSRA is seeing significant improvement in its review of more recent late filings.
Next meeting
The next meeting of the committee is scheduled for October 2023.
Attendance record
|
Invited/Attended |
Company name |
Attendance status |
|---|---|---|
|
Andrew Fung |
FSRA – Head, Relationship Management and Prudential Supervision (Pensions) and Committee Co-Chair |
A |
|
Gareth Gibbins |
OMERS and Committee Co-Chair |
VC |
|
Cynthia Crysler |
Cavalluzzo LLP |
VC |
|
David Gordon |
CAAT |
VC |
|
Glorie Alfred |
OTPP |
VC |
|
Hrvoje Lakota |
Investment Management Corporation of Ontario |
VC |
|
Jeff Sommers |
Blake, Cassels & Graydon LLP |
VC |
|
Julie Belair |
OPTrust |
VC |
|
Mark Janson |
CUPE National Office |
VC |
|
Murray Gold |
Koskie Minsky |
VC |
|
Paul Litner |
Osler, Hoskin & Harcourt LLP |
VC |
|
Paul Winnett |
Morneau Shepell Ltd |
VC |
|
Philip Morse |
Willis Towers Watson |
VC |
|
Rachel Arbour |
HOOPP |
VC |
|
Dan Miles, Daniel Padro, James Hoffner, Jesse Heath-Rawlings, Jessica Ramdin, Karima Shajani, Lester Wong, Mark Eagles, Reesha Hosein, Rhea Tubigan, Sharon Laurie, Tamara DeMos, Tim Thomson |
FSRA |
VC |
|
Natalie Wong |
MOF |
VC |
Disponible en français sur demande.