|
|
 |
OPTrust was established to give plan members and the Government of Ontario an
equal voice in the administration of the OPSEU Pension Plan through joint
trusteeship. As sponsors, the Government of Ontario and the Ontario Public
Service Employees Union (OPSEU) each appoint five Trustees to the OPTrust Board.
One Government appointee and one OPSEU appointee fill the positions of Chair and
Vice-Chair, with the roles alternating between Government and OPSEU appointees
every two years.
The Trustees have a fiduciary responsibility for all aspects of the Plan’s
operations. They
- review OPTrust’s investment policies and performance
- make sure that pension liabilities are properly evaluated and that the Plan is
adequately funded
- monitor the Plan’s administration to ensure that members and pensioners
receive the benefits to which they are entitled, as well as timely and effective
information and services
- set policy and strategic priorities and monitor the performance of the OPSEU
Pension Trust through its senior management team.
The Trustees have established the following standing committees to oversee
various aspects of OPTrust’s operations and the management of the Plan:
- Administration Committee
- Audit Committee
- Investment Committee
- Governance and Compensation Committee
- Adjudication Panel.
Revised January 30, 2004
|
 |
|