Board of Directors Resolutions – December 2015

Statement of Investment Beliefs

Approved the revised Statement of Investment Beliefs
Approved the Delegation of Investment Authority
Approved the revised Statement of Investment Policies and Procedures for the Insurance Fund
Approved the revised Statement of Investment Policies and Procedures for the Loss of Retirement Investment Fund
Approved the revised Statement of Investment Policies and Procedures for the Employees’ Pension Fund

2015 Q3 Report to Stakeholders

Approved the unaudited Third Quarter 2015 Report to Stakeholders, such document to be posted to the WSIB’s external website.

2015 Q3 Sufficiency Report and Statements

Approved the unaudited Third Quarter 2015 Sufficiency Report, such document to be posted to the WSIB’s external website.

2016 Mgmt. Reporting System – Business Plan Measures & Targets

Approved the Management Reporting System for the monitoring of progress on the achievement of the 2016 objectives for the 2016-2018 Strategic Plan.

Expenditure Authorization – Hearing Devices & Related Products

Approved the motion to authorize expenditures required for the execution of contracts for hearing devices and related products.

Speciality Clinics Contract Renewal

Approved the 2 year contract extension of the Specialty Clinics.

VFMA 2014 Report

Approved the 2014 Value for Money Audit Report on the Schedule 2 Program, for submission to the Minister of Labour in accordance with the Memorandum of Understanding.

VFMA 2015 Candidate

Approved the Regulatory Services Program as the 2015 Value for Money Candidate, such recommendation to be provided to the Minister of Labour.

Internal Audit Charter

Approved the updated Internal Audit Charter.