December 14, 2016

Report to Stakeholders   

Approved the unaudited Third Quarter 2016 Report to Stakeholders, such document to be posted to the WSIB’s external website.  

Sufficiency Report to Stakeholders

Approved the unaudited Third Quarter 2016 Sufficiency Report to Stakeholders, such document to be posted to the WSIB’s external website.  

Pension Administration Services RFP

Approved and authorized the President, or his delegate, to approve and sign the negotiated contract and appoint the successful vendor.

Value For Money Report – Regulatory Services

Approved the 2015 Value for Money Audit Report on Regulatory Services for submission to the Minister of Labour in accordance with the Memorandum of Understanding.

Value for Money 2016 Candidate

Approved the Return to Work (Work Transition Services) and Nurse Consultants Programs as the 2016 VFMA candidates. Such recommendation to be provided to the Ministry of Labour.

December 15, 2016

2017 Corporate Measures       

Approved the Management Reporting System for the monitoring of progress on the achievement of the 2017 objectives for the 2016-2018 Strategic Plan.

Annual Review of Statement of Investment

Beliefs and Policies

i.    Reaffirmed the existing Statement of Investment Beliefs; 
ii. Approved the Delegation of Investment Authority; 
iii. Approved the revised Statement of Investment Policies and Procedures for the Insurance Fund; 
iv. Approved the revised Statement of Investment Policies and Procedures for the Loss of Retirement Income Fund; 
v. Approved the revised Statement of Investment Policies and Procedures for the Employees’ Pension Fund; and 
vi. Approved the revised Statement of Investment Policies and Procedures for the Employees’ Supplementary Pension Plan. 

Ground Transportation Request for Proposal

Authorized an expenditure uplift to cover anticipated spend until December 31, 2017 for a total Procurement Action Request (PAR) expenditure for Ground Transportation Services. 

Corporate Risk Management Policy

Approved the revised Corporate Risk Policy.

Appointment of External Investment Committee

Advisor

Approved the re-appointment of Michael Whelan as an external advisor to the WSIB's Investment Committee for a term of three years.