Board of Directors Resolutions - December 2022

December 15, 2022

  • Approved the following:
  1. The revised Statement of Investment Policies and Procedures for the Insurance Fund;
  2. The revised Statement of Investment Policies and Procedures for the Loss of Retirement Income Fund; and
  3. The revised Statement of Investment Policies and Procedures for the Employees’ Supplementary Pension Plan Fund.
  • Approved the revised Delegation of Investment Authority.
  • Approved the revised Delegation of Pension Plan Authorities. 
  • Approved 2023-2024 funding for:
    • Ontario Federation of Labour (Prevention Link)
    • Canadian Centre for Occupational Health and Safety
    • Threads of Life
  • Approval PAR to execute the new contract with CGI for a term of five years, plus two optional extensions of one year each, effective January 9, 2023.
  • Approval to execute a contract extension with Guidewire Software, Inc. to December 31, 2026.
  • Approved the Loss of Retirement Income Benefit program as the 2022 external VFMA candidate.
  • Approved IMCO’s proposed Direct Credit Program.
  • Approved the proposed modification to the rate-setting approach for TEAs.
  • Approved the revision to the 2023 Corporate Business Plan. 
  • Approved the 2021 VFMA Report - Dispute Resolution and Appeals Process.
  • Approved the revised Corporate Risk Management Policy.
  • Approved the unaudited Third Quarter 2022 Results Report.
  • Approved the unaudited Third Quarter 2022 Sufficiency Report.