Portable Benefits Advisory Panel
February 8, 2022
Honourable Monte McNaughton
Ministry of Labour, Training and Skills Development
14th Floor, 400 University Ave.
Toronto, ON M7A 1T7
Dear Honourable Monte McNaughton: The Multi-Employer Benefit Plan Council of Canada (MEBCO) is a non-profit corporation representing the interests of Canadian multi-employer pension and benefit plans. MEBCO understands that the Ontario Workplace Recovery Advisory Committee will be establishing a Portable Benefits Advisory Panel as a key recommendation of their final report. MEBCO is interested in participating on this panel specifically because our mandate is to support the provision of benefits and pensions to a diverse range of employees from most economic sectors of the Ontario economy. MEBCO’s members have provided health and wellness benefits to workers in similar employment situations for decades and have a wealth of experience to be able to share through the Panel with the Ontario Government.
We recognize that the advisory panel members will conduct research and consultations on how to create a portable benefits strategy for Ontario, including providing a final recommendation to the government. A panel member from MEBCO will have both sectoral and technical expertise including the structure and administration of benefit plans, financial issues, and workplace issues.
A MEBCO appointee will be able to use their knowledge and expertise as we have created, administered and financially managed benefit (pension and health and wellness) plans for desperate employee groups since the 1950’s. We understand the financial risks posed to these plans and administrative challenges as well as the importance of reasonable, prudent eligibility requirements.
The Multi-Employer Benefit Plan Council of Canada (MEBCO) was established in 1992 to represent the interests of Canadian multi-employer pension and benefit plans (MEPs). MEBCO consults with provincial and federal governments regarding proposed or existing legislation and policies affecting these plans. MEBCO is a federal no-share capital corporation, operating on a not-for-profit basis. We thank you for your time and consideration and look forward to your response.
We thank you for your time and consideration and look forward to your response.
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