Plan Administration

Administrative Board

The Plan is administered by a Board of Trustees made up of six voting members: two elected representatives of City of Regina City Council who are appointed as members of the Commission, one representative appointed by the Commission, two persons appointed by the Regina Police Association, and one employee representative of the Regina City Police Senior Officers' Association.  Please visit the About page for a list of the current Board members.

 

The Administrative Board is responsible for the administration of the Plan as legislated by The Pension Benefits Act, 1992 (Saskatchewan) and in accordance with the terms of Schedule "A" of The Regina Police Pension Plan.  The Administrative Board responsibilities include:

 

      - compliance with pension legislation;

      - delegation of operational activities to Möbius Benefit Administrators Inc.

      - preparation of the audited financial statements;

      - ensuring the Plan is able to meet the pension obligations as they occur and the

        long-term solvency of the Plan;

      - ensuring all assets of the fund are kept separate from the assets of the

        Employers;

      - making investments in accordance with relevant legislation;

      - defining risk and outlining appropriate risk management practices;

      - ensuring whe various investment managers are managing the fund assets

        in an appropriate manner and in compliance with the Statement of

        Investment Policies & Procedures; and

      - developing and implementing policy documents to support the objectives of the Plan.

 

 

Möbius Benefit Administrators Inc.

The operational activities of the Plan are performed by Möbius Benefit Administrators Inc.  The staff of Möbius Benefit Administrators Inc. are pleased to provide assistance to members regarding their individual benefit entitlements.

 

 

Plan Sponsor

The Plan is sponsored by the Board of Police Commisioners.  The plan sponsor is responsible for establishing plan benefits.  Any amendment to the Plan must be agreed to by the Commission and a majority of the members of the Employees' Pension Committee.

 

 

Employees' Pension Committee

The Employees' Pension Committee is made up of four voting members consisting of: two representatives from the Regina Police Association and two representatives from the Regina City Police Senior Officers' Association.