Ontario Pension Board – Benefits Canada.com

73% of OPB plan members want ESG considerations included in investment decisions: survey

bmcgovern — Thu, 25 Apr 2024 13:00:08 +0000

Roughly seven in 10 (73 per cent) Ontario Pension Board plan members believe environmental, social and governance factors should play a critical role in the plan’s investment considerations, according to a new survey included in the investment organization’s inaugural ESG report. The survey, which polled roughly 10,000 plan members, found nearly two-fifths (39 per cent) of […]

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OPB working with employers to receive salary information of employees impacted by Bill 124

bmcgovern — Tue, 12 Mar 2024 19:00:27 +0000

The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the decision of Ontario’s government to repeal Bill 124. In a communication to members, the investment organization said the changes could include “additional pension contributions for any retroactive wage adjustments.” Read: Ontario […]

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OPB appointing Darwin Bozek as president, chief pension officer

bmcgovern — Tue, 28 Nov 2023 14:00:08 +0000

The Ontario Pension Board is appointing Darwin Bozek as president and chief pension officer, effective Feb. 1, 2024. He joins the OPB from the Alberta Pensions Services Corp., where he was president and chief executive officer. He’ll transition into the role of president and CEO under the mentorship of current CEO Mark Fuller, who’ll step down […]

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Canadian pensions sign pledge to tackle anti-Black systemic racism

mschmit — Fri, 24 Jul 2020 03:56:18 +0000

Several prominent players in Canada’s pension industry have signed onto the BlackNorth Initiative, pledging to take specific actions within their organizations to tackle anti-Black systemic racism. “The persistent inequities across our country underscore our urgent, national need to address and alleviate racial, ethnic and other tensions and to promote the elimination of anti-Black systemic racism […]

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Canadian pensions, consultants, institutional investors sign pledge to tackle anti-Black racism

mschmit — Thu, 23 Jul 2020 04:45:10 +0000

Several prominent players in Canada’s pensions and benefits industries have signed onto the BlackNorth Initiative, pledging to take specific actions within their organizations to tackle anti-Black racism. “The persistent inequities across our country underscore our urgent, national need to address and alleviate racial, ethnic and other tensions and to promote the elimination of anti-Black systemic […]

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OPB outlines commitment to stand against anti-Black, anti-Indigenous racism

mschmit — Wed, 24 Jun 2020 11:00:01 +0000

The Ontario Pension Board has released a statement addressing the role it plays in standing against anti-Black and anti-Indigenous racism. “I know some of you may be wondering why we didn’t share a message of support sooner,” read the letter from Mark Fuller, the OPB’s president and chief executive officer. “While statements of support matter, […]

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OPB Reports 97% Funded Status

mschmit — Thu, 23 Mar 2017 09:11:25 +0000

Plan posts an increase of nearly two percentage points compared to last year’s return.

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