OMERS Survivor Benefits 2023 (A) | OMERS | 16 February 2023 | Webinar
Venue
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| Event Date | Thu Feb 16 EST (almost 2 years ago) |
| Location | Webinar |
| Region | Americas |
Details
This is a simple goal, but a demanding and complex task – all supported by a deeply committed executive team and an experienced Board of Directors nominated by the designated Plan sponsors.
We believe that good governance is the foundation for effective Plan management. To successfully fulfill the SC’s mandate under the OMERS Act, we have developed a range of effective policies and practices with input and advice from expert third-party advisors.
At the Sponsors Corporation (SC).
Appointments;
• Benefits; and
• Contributions.
Specifically, we are solely responsible for:
• Determining benefit levels and contribution rates for the Plans, and
• Setting compensation levels and appointment protocols for both the SC and AC Boards. This includes formal protocols related to the nomination, appointment and reappointment of Directors for both the AC and SC Boards. The intent is to select qualified candidates to provide effective oversight based on, among other things, their considerable experience, proven competencies, sector knowledge, and commitment to the DB pension model.