Selection Process for the City of Toronto’s representative on the OMERS Board of Directors

The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.

The decision

2024-04-09 · Executive Committee · adopted

As filed

The Executive Committee: 1. Requested the City Manager to report back to the May 14, 2024 meeting of the Executive Committee on a process for implementing a new appointment procedure to appoint the City of Toronto's representatives to the Ontario Municipal Employees Retirement System Sponsor Board of Directors and Administration Corporation Board of Directors, such process should include: a. a review of the current appointment procedure; and b. an outline of the steps necessary for implementing a new appointment procedure.

On the agenda

As the city filed it

To clarify the procedure undertaken by the City of Toronto to appoint its representatives on OMER's Sponsor Board of Directors and Administration Corporation Board of Directors. it would be beneficial for the City Manager to report back to the Executive Committee at it's May 14, 2024, Committee meeting. The OMERS website, contains detailed information on their governance model OMERS Governance , and roles of board members.

Show the rest of As the city filed it, 159 more characters as filed

As their work is significant, understanding the selection process, as well as exploring new appointment procedures, would be beneficial to the City of Toronto.

Staff recommended

Councillor Paul Ainslie recommends that: 1. The Executive Committee request the City Manager to report back to the May 14, 2024, meeting of the Executive Committee on a process for implementing a new appointment procedure to appoint the City of Toronto's representatives to the OMERS Sponsor Board of Directors and Administration Corporation Board of Directors, such process should include: a. a review of the current appointment procedure; and b. an outline of the steps necessary for implementing a new appointment procedure.

On the record

The item as the City filed it