Halifax, May 17, 2017 - The Board of Directors (Board) for Nova Scotia Pension Services Corporation (Pension Services Corp.) is pleased to announce that Douglas (Doug) Moodie has been appointed as President and Chief Executive Officer of Pension Services Corp., effective May 17, 2017. Mr. Moodie has served as Interim President and Chief Executive Officer since October 2016.
HALIFAX, NS - Public Service Superannuation Plan Trustee Inc. (PSSPTI) is pleased to announce that the Sherbrooke Restoration Commission has transferred its defined benefit pension plan into the Public Service Superannuation Plan (PSSP) effective May 1, 2017.
The transfer was completed pursuant to the Municipal and Other Authorities Pension Plan Transfer Act (MOAPPTA), which came into force in November of 2016. The Sherbrooke Restoration Commission transaction is the first pension plan transfer completed under the MOAPPTA.
In late 2016, Public Service Superannuation Plan Trustee Inc. (Trustee) commissioned a comprehensive review (Review) of the Public Service Superannuation Plan (Plan), as mandated by Section 47 of the Public Service Superannuation Act (Act).
An independent reviewer (Independent Reviewer) was selected by the Trustee following a robust request-for-proposals process. The Independent Reviewer, jointly comprised of Blake, Cassels & Graydon LLP, Pink Larkin LLP, and Eckler Ltd., has now delivered its written report (Report) to the Trustee.
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