Every two years, the UBC Faculty Pension Plan (FPP) holds an election for two Plan members to join the FPP Board of Trustees. There will be an election this coming fall. The election process from start to finish takes a few months to complete and includes the following steps:
Call for Nominations
A Call for Nominations letter is mailed to all eligible members in late summer/early fall. This letter informs members of the upcoming election and that nominations are now being accepted. Members can be nominated to serve on the FPP Board of Trustees by obtaining the signatures of three Plan members, acknowledging they understand the role and responsibilities of a board trustee, and submitting a candidate statement.
Close of Nominations
Once nominations have closed, all nominations are verified by the UBC Pension Administration Office and UBC Elections. Then we determine if there will be an election. An election will only be held if there are more than two nominees. If there are exactly two nominees, then both nominees are elected to the FPP Board by acclamation, and no further election is required.
In the event of an election, election packages are mailed to all eligible members (usually in October). Your election package will contain a ballot with your log in details and you may vote online, by mail or fax. The election is open for approximately four weeks.
Results are announced on the Plan’s website after candidates have been notified.
|Why is it important to vote?
The FPP Board of Trustees has an important role in governance and is ultimately responsible for the management and oversight of the Plan including administration, financial reporting and investment activities. The FPP Board also reviews and updates the Plan’s Statement of Investment Policies and Goals and monitors compliance. The FPP Board consists of eight trustees: four appointed trustees and four elected trustees. To learn more about the role and responsibilities of the FPP Board Trustees, visit the Plan governance section of the Plan’s website.
|Interested in running for the election?
If you are interested in becoming a candidate for the 2017 FPP Board of Trustees Election and would like more information on the process, please contact Orla Cousineau, Executive Director, Pensions at firstname.lastname@example.org.