The functions of the Board shall be

a) Making application for acceptance by regulatory officials of approved plan amendments;

b) Ensuring that the plan is administered in accordance with its terms as registered;

c) Filing annual information returns with the regulatory authorities under applicable legislation;

d) Preparing information to report pension adjustments and past service pension adjustments;

e) Receiving all pension contributions and other trust income, investing such monies, making the required payments and maintaining all records and accounts;

f) Acting as administrator of the plan as defined by applicable legislation;

 g) Establishing an appropriate investment policy and accompanying guidelines for the fund;

h) Monitoring the performance and activities of all parties involved in the administration of the plan;

i) Implementing plan changes brought about by legislation or through collective bargaining;

j) Acting in the exclusive interests and to the exclusive benefits of members and beneficiaries;

k) Reviewing pension computations with respect to retiring members;

l) Reviewing and responding to all inquiries made by members, former members and other persons entitled to benefits under the plan;

m) Rendering interpretations of plan provisions; and

 n) Preparing an annual report on its activities for members.

Bylaw No. 1913 – October 16, 2003 (Retroactive and deemed to be in force and effect on and from January 1, 2003)(Repealing Bylaw No. 1876) AND Pension Trust Agreement dated October 16, 2003.

Updated: Bylaw No. 1914 (October 21, 2004); 1915 (October 20, 2005); 1916 (September 20, 2007 – Effective October 1, 2007); 1917 (December 13, 2007 – retroactive to October 17, 2007); 1918, 1919 and 1920 (December 18, 2008); 1921 (January 13, 2009 – Effective November 17, 2007); 1922 (June 18, 2009 – Effective March 11, 2009); 1923 (March 18, 2010 – Effective March 11, 2009); and 1924 (October 20, 2011 – Effective January 1, 2011)

(a) four persons shall be appointed by the Commission;

(b) two persons shall be appointed by the Association;

(c) one person shall be appointed by the Executive Officers; and

The appointment of observers is optional, and up to:

· 1 – Association

·  1 – Executive Officers

·  2 – Commission

·  1 – Retired member selected by the Association