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 Teachers' Pension Plan Act.
The Commission is comprised of the following 8 voting members and 2 Ex Officios:
Organization or Title | Member |
---|---|
Chairperson | Erin McGrath-Gaudet, Deputy Minister of Education and Early Years |
PEI Teachers' Federation | Mary Hart Patrick MacFadyen Ryan Keliher |
Retiree | Michel Plamondon |
Appointed by the Minister |
Chris DesRoche, Director of Finance and Administration, Dept. of Education and Early Years Judy Killam, Comptroller, Dept. of Finance Blair Barbour, Manager of Justice Policy; Dept. of Justice and Public Policy |
Jamie Horvat, Director, Pensions & Capital Management, Dept. of Finance |
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 Teachers' Pension Plan Commission and Public Sector 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 and 2 Consultations.:
Organization or Title | Member |
---|---|
Chairperson | Denise Lewis-Fleming, Deputy Minister of Finance |
Prince Edward Island Teachers' Federation | Mary Hart Patrick MacFadyen Ryan Keliher |
Union of Public Sector Employees | Mark Arsenault Kathlene Smallman |
International Union of Operating Engineers | Matthew Holwell |
Canadian Union of Public Employees | Chris Lewis |
PEI Nurses Union | Blair MacDonald |
Provincial Government |
Gordon MacFadyen, Deputy Minister of Agriculture |
Retirees | Terry Hogan Michel Plamondon |
Consultants/Monitoring Agents | Will DeSilva, Aon Mario Delisle, Aon |