The Pension Liaison Committee invites you or someone you know to get involved with OMERS, the Ontario Municipal Retirement System, by applying to become an OPSEU representative on the Sponsors Corporation (SC).
We are looking for suitable candidates for the position of Sponsor Representative. With the challenges facing defined benefit pension plans, we need people who have a firm and deep commitment to the labour movement and union principles! The appointment will be effective from January 1, 2018 until December 31, 2019.
SC representatives are generally required to meet for three days every other month, and participate on at least one committee of the SC. In addition, attendance at various pension-related activities, including training sessions, is also required. Time off is provided, and expenses are reimbursed according to OPSEU policy. The successful candidate must be willing to sign a letter of agreement that they will claim expenses only as per OPSEU policy.
Who should apply?
We are looking for individuals who have, or are willing to gain:
- knowledge and commitment to OPSEU’s beliefs and pension policy;
- an understanding of defined benefit pension plans and the pension legislation that governs them; and
- an understanding of basic actuarial principles and good corporate governance practices.
Must-haves for the position are:
- the ability to commit to preparing for and attending at least 12 meetings per year, as well as committee work;
- a strong desire to learn more about pension plans and the pension landscape, good governance practices, and investments; and
the ability to effectively communicate, ask questions, and defend one’s position in a persuasive manner.
Applicants must also be actively participating in OMERS and be a member in good standing with OPSEU. Applicants need not have experience in pension plans. Experience and participation in the union movement and/or the community will also be considered. Once appointed, training opportunities are provided by the plan.
If you or someone you know would be interested in applying for the exciting position of Sponsor Representative, please forward your application including name, contact information and place of employment, along with a resume no later than 5:00 p.m. on July 14, 2017 to:
Administrative Assistant, Pensions and Benefits Unit
5757 Coopers Avenue
Mississauga, Ontario L4Z 1R9
Fax: (905) 712-3009 email@example.com
A written test will be required. Study material will be provided in advance. Candidates who successfully complete the testing will be selected for an interview.