The Municipal Employees’ Pension Commission (the Commission) met on June 20, 2024.
Meeting with the actuary for the Municipal Employees’ Pension Plan (MEPP, the Plan), the Commission reviewed a dashboard report designed to monitor investment and funding risks to the Plan.
The Commission approved its annual work plan for September 2024 to June 2025. The work plan provides a structured and organized approach to achieving specific goals and objectives identified within the Commission’s 2024-2025 Strategic Business Plan and aims to track the progress of these initiatives.
Meeting with its general investment consultant, the Commission received information on MEPP’s Foreign and Global Equity investments.
Meeting with Plannera Pensions and Benefits (Plannera), the Plan administrator, the Commission received updates on initiatives to modernize the services provided to Plan members as well as it’s strategy to engage with Plan members.
Additionally, meeting with Plannera, the Commission received information and made decisions related to its governance of the Plan, such as approving its meeting schedule for September 2024 to June 2025.
The Commission’s next meeting is scheduled for September 20, 2024.