The Commission advises the Minister of Finance on administrative pension issues and provides a forum for the purpose of reviewing issues which may arise in administering the Plan. This forum permits open consultation on matters relating to the Public Sector Pension Plan Act.
The Commission is comprised of the following 12 voting members and 2 Ex Officios:
Organization or Title | Member |
---|---|
Chairperson | Cindy Harris, Secretary, Treasury Board Secretariat |
Union of Public Sector Employees |
Mark Arsenault |
International Union of Operating Engineers | Gerald Poirier |
Canadian Union of Public Employees | Leonard Gallant |
Prince Edward Island Nurses Union | Blair MacDonald |
Retiree | Colin Younker |
Appointed by the Minister | Pam Newcombe, Director, Administration, Corporate HRMS and Payroll, Public Service Commission Denise Lewis-Fleming, CEO, Health PEI Gordon MacFadyen, Assistant Secretary to Treasury Board Muriel MacLeod, Human Resources Manager, Health PEI Blair Barbour, Manager of Justice Policy; Justice and Public Safety |
Terry Hogan, Plan Administrator, Pensions & Benefits, Department of Finance Paul Lai Fatt, Principal, Morneau Shepell Ltd. |
The Joint Investment Advisory Committee (JIAC) was created to give the beneficiaries of the Master Trust (civil servants, teachers, and MLAs who pay into it) a voice in deciding how their pension funds are to be invested. The JIAC provides advice to the Minister of Finance on the following items:
- Protection of the principal assets of the Master Trust
- Monitoring of costs
- Recommendations on investment fund asset mix
- Review of investment fund and fund manager performance
- Compliance with both federal and provincial requirements relating to ownership of foreign equities
Union and retiree representatives who are appointed to the Public Sector Pension Plan Commission and Teachers' Pension Plan Commission automatically join the Committee. Government representatives are appointed to the Committee by the Minister of Finance.
The Committee is comprised of the following 16 voting members, 2 Ex Officios and 2 Consultations.:
Organization or Title | Member |
---|---|
Chairperson | Dan Campbell, Deputy Minister of Finance |
Prince Edward Island Teachers' Federation | Shaun MacCormac Mary Hart Patrick MacFadyen |
Union of Public Sector Employees | Mark Arsenault Chris Oatway |
International Union of Operating Engineers | Gerald Poirier |
Canadian Union of Public Employees | Leonard Gallant |
PEI Nurses Union | Blair MacDonald |
Provincial Government |
Cindy Harris, Secretary, Treasury Board Secretariat |
Retirees | Colin Younker, PSPP Michel Plamondon, TPP |
Member of Legislative Assembly | Sidney MacEwen |
Ex Officios | Tim Van Alystne, RBC Kevin Martin, RBC |
Consultants/Monitoring Agents | Will DeSilva, Aon Mario Delisle, Aon |