How joint governance works for members
Through their representatives on the Plan’s governing bodies – the Sponsors’ Committee and the Board of Trustees – members and employers have an equal say in and share the risks of Plan decisions. This joint governance structure is recognized as a model for success in keeping defined benefit pension plans sustainable.
The governors are appointed by the Plan sponsors: the College Employer Council on behalf of the college boards of governors, the Ontario College Administrative Staff Association (OCASA), and the Ontario Public Service Employees Union (OPSEU).
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