Pension & Benefits Committee

The Pension & Benefits Committee administers the employee Pension Plan and benefits plans approved by the Board. The Committee:  

  • Makes an annual report to the Board of Governors with respect to the operation of the Pension Plan and reviews the annual audit of the Pension Plan Fund Financial Statements.
  • Recommends changes in pension and benefits plans and makes policy decisions relevant to administration of benefits of plans.
  • Recommends to the Board of Governors the investment policy for pension assets described in the Statement of Investment Policy and Procedures (SIPP) and approves the Fund Implementation Procedures (FIP) both on the recommendation of the Pension Investment Committee. 
  • Approves or terminates external fund managers on the recommendation of the Pension Investment Committee and approves asset mix changes and investment decisions in compliance with the SIPP and FIP upon the recommendation of the Pension Investment Committee, with review and advice from the Finance & Investment Committee with respect to transactions representing greater than 20% of the Plan’s total assets. PIC can approve cumulative annual transaction (s) that represent less than 20% of the Plan's total assets at the beginning of the calendar year.​

The committee delegates day-to-day administration of the Pension Plan and benefits plans to the Human Resources department of the University.

 

  • The Chair of the Pension & Benefits Committee is Teresa Fortney.
  • The Secretary to the Committee is Sarah Willey-Thomas.

 

Pension & Benefits Committee - Membership

Last Updated: 1 May 2023

 

Constituency Name
Vice-President, Academic & Provost James Rush
Vice-President, Administration & Finance Jacinda Reitsma
Community-at-Large / Lieutenant Governor in Council Teresa Fortney [Chair]
Vacancy
Presidential Appointed members Michelle Hollis
Sarah Hadley
Regular Faculty James Thompson
Elizabeth Demers
David Saunders
Regular University Support Staff Lily Hua
Melissa Graham
CUPE Local 793 Staff William Povelofskie
Retiree David Taylor
Non-Voting AFIW Sara Cressman

 

 

Pension & Benefits Committee - Meeting Dates

2023-2024 Meeting Dates

Date Time Place
19 May 2023 9:30 a.m. to 12:00 p.m. Needles Hall 3318 & Zoom
16 June 2023 9:30 a.m. to 12:00 p.m. Needles Hall 3318 & Zoom
15 September 2023 9:30 a.m. to 12:00 p.m. Needles Hall 3318 & Zoom
13 October 2023 9:30 a.m. to 12:00 p.m. Needles Hall 3318 & Zoom
17 November 2023 9:30 a.m. to 12:00 p.m. Needles Hall 3318 & Zoom
8 December 2023 9:30 a.m. to 12:00 p.m. Needles Hall 3318 & Zoom
19 January 2024 9:30 a.m. to 12:00 p.m. Needles Hall 3318 & Zoom
16 February 2024 9:30 a.m. to 12:00 p.m. Needles Hall 3318 & Zoom
22 March 2024 9:30 a.m. to 12:00 p.m. Needles Hall 3318 & Zoom

Pension & Benefits Committee - Agendas & Minutes

Note: minutes of meetings are not official until approved at the next Pension & Benefits Committee meeting.

2023-2024

Agenda Minutes
22 March 2024 22 March 2024
16 February 2024 16 February 2024
19 January 2024 19 January 2024
8 December 2023 8 December 2023
17 November 2023 17 November 2023
13 October 2023 13 October 2023
15 September 2023 15 September 2023
16 June 2023 16 June 2023
19 May 2023 19 May 2023

2022-23

Agenda Minutes
10 March 2023 10 March 2023
17 February 2023 17 February 2023
20 January 2023 20 January 2023
9 December 2022 9 December 2022
18 November 2022 18 November 2022
7 October 2022 7 October 2022
16 September 2022 16 September 2022
24 June 2022 24 June 2022
20 May 2022 20 May 2022

2021-22

Agenda Minutes
11 March 2022 11 March 2022
18 February 2022 18 February 2022
14 January 2022 14 January 2022
10 December 2021 10 December 2021
19 November 2021 19 November 2021
22 October 2021 22 October 2021
10 September 2021 10 September 2021
18 June 2021 18 June 2021
14 May 2021 14 May 2021

 2020-21

Agenda Minutes
12 March 2021 12 March 2021
11 February 2021 11 February 2021
15 January 2021 15 January 2021
15 December 2020 15 December 2020
20 November 2020 20 November 2020
16 October 2020 16 October 2020
18 September 2020 18 September 2020
12 June 2020 12 June 2020
15 May 2020 15 May 2020

2019-20

Agenda Minutes
20 March 2020 20 March 2020
21 February 2020 21 February 2020
17 January 2020 17 January 2020
13 December 2019 13 December 2019
15 November 2019 15 November 2019
18 October 2019 18 October 2019
20 September 2019 20 September 2019
14 June 2019 14 June 2019
17 May 2019 17 May 2019

 

Please contact the Secretariat for archived open session materials.