Day 2 – Roles, responsibilities and accountability
Trustee Accountability Exercise
In your small groups, discuss and report back on these 5 questions:
- Why is it important for union trustees and pension advisory committee members to maintain a strong relationship with their local(s) and members?
- What tools and strategies can trustees and pension advisory committee members use to be better informed of plan members’ priorities and concerns
- What are the challenges to implementing these tools and strategies?
- Which ones are you already doing?
- Which ones do you think you could introduce?
Documents
Chart: Plan Design Changes Administrator
Checklist: Trustee Union Accountability
Optional reading
Pension Advisory Committee Chart
Climate Change and the Fiduciary Duties of Pension Fund Trustees in Canada
Terms of Reference CUPE Ontario OMERS Reference Group
Re Indalex the confluence of pension, insolvency, and fiduciary law
Hodgkinson v. Simms
The Public Fiduciary
Presenter Bio
Murray Gold, Partner at the law firm Koskie Minsky, is an expert in pension and benefits law. Click here for his bio.
Trustee Governance Roles, Responsibilities and Accountabilities
Download Murray’s slide deck
