Throughout the Canadian pension landscape, joint governance is regarded as good governance. It's recognized as best practice, ensuring defined benefit pension plans are sustainable and Plan sponsors are equally represented.
The decisions and risks of the Plan are shared by the Plan members and employers who pay for it. Benefits provided under the Plan are subject to discussion and agreement between employee and employer sponsors.
Benefits of LAPP’s new joint governance model include:
Learn how the LAPP pension fund is professionally managed to provide you with a secure retirement income.
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