City Council Benefits Board

Board of directors

Function

In respect of the Council Pension Benefits Program, the Board shall:

  • Operate, administer and interpret the Council Pension Benefits Program in accordance with this By-law;
  • Keep a complete and accurate set of accounts for the Pension Fund
  • Based on the recommendations of the Investment Committee, establish and review regularly the investment policy for the Pension Fund
  • Establish and review regularly the funding policy for the Pension Fund
  • Determine and advise the Investment Committee as frequently as necessary the amounts which are available for investment
  • Submit the accounts and financial statements of the Pension Fund and the Early Retirement Benefits Account at least annually for examination, checking and audit by the auditor appointed by the Board
  • As soon as possible after January 1 in each year, submit a report to Council on the operation of the Council Pension Benefits Program during the previous year together with audited financial statements, including a balance sheet, a statement of income and expenditures, a statement of changes in the Pension Fund and a schedule of investments of the Pension Fund
  • Ensure that an actuarial report is prepared for the Council Pension Benefits Program as provided herein and at such other times as the Board may deem advisable
  • Regularly monitor the investment performance of the Pension Fund.

Members

Elected Officials

  • Councillor Sharma, Speaker of Council
  • Councillor Eadie, Deputy Speaker (alternate)

Public Service Appointments

  • Tracy Graham, Chief Financial Officer
  • Winston Yee
  • Lioubov Gavrilova-Crozier

Jurisdiction

Clause 1 of the Report of the Secretariat Committee dated November 20, 2000, adopted by Council on November 22, 2000.

By-law No. 7869/2001, passed by Council on July 18, 2001.

Composition

4 members

  • 3 representatives appointed by Council, only one of whom may be a Councillor (the Speaker of Council)
  • The Chief Financial Officer of the City and where such position is vacant, the acting designate

Council reference

November 22, 2000 Minute 76

Additional reference

Pension for Members of Council By-law No. 7869/2001

Contact

John Speidel, Corporate Controller
City of Winnipeg

Email

jspeidel@winnipeg.ca

Last update

Was this information helpful?

How can we make this web page better?

Information collected will be used to improve our website. Do not use this form to submit a request for service or information because it will not be forwarded to departments for response. To submit a request for service or information, contact 311.

This form is not intended to collect personal information; however, any personal information you choose to include in your comments is collected by the City of Winnipeg under the authority of section 36(1)(b) of the Freedom of Information and Protection of Privacy Act for the purpose of improving our website and will not be used or disclosed for any other purposes, except as authorized by law. Contact the Corporate Access and Privacy Officer by mail (City Clerk’s Department, Susan A. Thompson Building, 510 Main Street, Winnipeg MB, R3B 1B9) or by telephone (311) if you have any questions about the collection of this information.