March 23, 2010

Specified Plan Changes

Having formally received the annual valuation of the Primary Plan on February 25th, much of the agenda of the March 23rd SC meeting was dedicated to discussion and receiving additional details about the valuation from senior management from OMERS AC Pension Group. Specified Plan Changes are tabled at the March and April meetings of the SC; at the March meeting, three stakeholder submissions were tabled by SC Members, as well as a Member proposal for a multi-dimensional approach to contributions and/or benefits. (Details about all tabled proposals were posted on this website within a few days of the meeting, and the website continually updated and kept current throughout the process.)

Governance

As part of good governance practice, the SC approved policies for reviewing service providers, and issuance of an RFP for governance advisory services.