Duties of pension committee members

It is a common to entrust tasks (or duties) to certain committee members who act on behalf of the committee. The operating rules must make provision for these tasks and how the members in question report on their work to the other members.

Where the tasks are entrusted to a subcommittee, the internal by-laws should clearly indicate the tasks and whether the subcommittee's role is to advise or a make decisions.

Where the tasks are entrusted to the employer or any other service provider, the internal by-laws should indicate what the tasks are and the rules for reporting to the committee on the work. The by-laws could also describe the employer's role as plan sponsor.

For more information about the committee's other operating rules, refer to:

• officers
• ethics (rules of conduct)
• meetings
• training for members