The Commission advises the Minister of Finance on administrative pension issues and provides a forum for the purpose of reviewing issues which may arise in administering the Plan. This forum permits open consultation on matters relating to the Public Sector Pension Plan Act.
The Commission is comprised of the following 14 voting members and 2 Ex Officios:
Organization or Title | Member |
---|---|
Chairperson | Denise Lewis-Fleming, Deputy Minister of Finance |
Union of Public Sector Employees |
Mark Arsenault |
International Union of Operating Engineers | Matthew Holwell |
Canadian Union of Public Employees |
Chris Lewis John Doucette |
Prince Edward Island Nurses Union | Blair MacDonald |
Retiree | Doug Carr |
Appointed by the Minister |
Sherry McCourt, Director, Administration, Corporate HRMS and Payroll, Public Service Commission
John Cummings, Executive Director, Dept. of Education & Lifelong Learning
Vacant Seat |
Jamie Horvat, Director of Pensions & Capital Management, Department of Finance Stephen Kelloway, Principal, Telus Health |
The Joint Investment Advisory Committee (JIAC) was created to give the beneficiaries of the Master Trust (civil servants, teachers, and MLAs who pay into it) a voice in deciding how their pension funds are to be invested. The JIAC provides advice to the Minister of Finance on the following items:
- Protection of the principal assets of the Master Trust
- Monitoring of costs
- Recommendations on investment fund asset mix
- Review of investment fund and fund manager performance
- Compliance with both federal and provincial requirements relating to ownership of foreign equities
Union and retiree representatives who are appointed to the Public Sector Pension Plan Commission and Teachers' Pension Plan Commission automatically join the Committee. Government representatives are appointed to the Committee by the Minister of Finance.
The Committee is comprised of the following 16 voting members and 2 Consultants:
Organization or Title | Member |
---|---|
Chairperson | Denise Lewis-Fleming, Deputy Minister of Finance |
Prince Edward Island Teachers' Federation | Ryan Keliher Mary Hart Patrick MacFadyen |
Union of Public Sector Employees | Mark Arsenault Kathleen Smallman |
International Union of Operating Engineers | Matthew Holwell |
Canadian Union of Public Employees |
Chris Lewis John Doucette |
PEI Nurses Union | Blair MacDonald |
Provincial Government |
Gordon MacFadyen, Deputy Minister of Agriculture |
Retirees | Terry Hogan, PSPP Michel Plamondon, TPP |
Consultants/Monitoring Agents | Will DeSilva, Aon Mario Delisle, Aon |