The Ontario Pension Board uses Biddingo.com's ePurchasing platform to:
About the Ontario Pension Board
Established in 1990 under the Public Service Pension Act, the Ontario Pension Board (OPB) is responsible for managing the Public Service Pension Plan (the PSPP or the Plan), which is subject to the Ontario Pension Benefits Act (PBA) and the Income Tax Act (ITA). OPB functions in the capacity of both Trustee and Administrator of the plan. This dual role requires it to act in a fiduciary capacity, acting in the interests of the beneficiaries of the plan while at the same time fulfilling obligations for compliance with the plan text as well as applicable legislative and regulatory standards.The Ontario Public Service Pension Plan is one of the larger defined benefit pension plans in Canada, with approximately $17 billion of assets and represents the interests of about 38,000 active members and approximately 41,000 pensioners and deferred vested members.
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