Governance
Under the Pension Benefits Standards Act, the University is the "administrator" of the plan, which means it has ultimate legal responsibility for the administration of the plan and the investment of the Trust Fund.
To carry out its responsibilities, the Board of Governors has constituted the following committees: The Governance Committee, the Investments and Administration Committee, and the Advisory Committee. The three committees' roles and membership are described below.
Governance Committee
This committee is responsible for strategic planning, as well as the establishment and oversight of the Plan's mission, goals, and policies.
Investments and Administration Committee
This committee is responsible for the oversight of investments, operations, and benefits administration.
Advisory Committee
This committee provides input on member communications, and promotes awareness and understanding of the plan amongst members.