Time Release Opportunity — FPSE Pension Trustee Call Out

Dear KFA Colleagues,

FPSE is seeking nominations from local unions (KFA is Local 5) for a three year term as a BC College Pension Plan trustee. FPSE’s current policy is to provide trustees with a 50% release time for these duties which involve training and travel. The deadline for application is 5:00pm, September 19th, 2025.

In general, College Pension Plan trustees oversee the management of the ~$8.5 billion dollar fund on behalf of plan members (faculty and retirees).  Their duties include high level reviews of the Fund’s performance, the ability to make recommendations on asset classes and portfolio allocations with the use of professional advice, and to oversee fund administration.  Note that trustees make recommendations and not specific investment decisions. General plan details can be found at College Pension Plan – College – College

The application and selection process, including contact information, is outlined below. If you decide to apply, please let me know so that I can endorse your application.

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In accordance with FPSE’s Pension Advisory Committee procedures and the responsibilities of Presidents’ Council as outlined in the FPSE Policy & Procedures Manual (Section 5.5) and the Constitution, the Pension’s Selection Committee is seeking nominations to fill the FPSE-appointed trustee position on the College Pension Board. Once appointed, the Pension Trustee will serve a three-year term until December 31, 2028.

Eligibility:

Nominees for the interim appointment must:

• • • Be a current or former member of an FPSE Local represented under the College Pension Plan (KFA is Local 5).
    • Not be in receipt of College Pension Plan benefits.
    • Be able to demonstrate a commitment to pension advocacy, fiduciary responsibility, and equity.
    • Be available to attend required Board meetings and related training sessions.
    • Be able to submit a request for course release.

Nomination Process:

Please submit the following to both our administrative coordinator, Katrina Page (kpage@fpse.ca), and myself, Arsineh Garabedian (arsinehgarabedian@gmail.com), by 5 pm Friday, September 19, 2025, for review:

• • • Name and contact information of the nominee
    • A short statement (max 250 words) outlining the nominee’s qualifications and interest in the trustee role
    • A condensed candidate’s resume (two pages or less)
    • Confirmation from the Local President that the nomination has been endorsed

TRUSTEE APPOINTMENT PROCESS – Key Points

Appointment of Trustee:

This is an FPSE appointment to the College Pension Plan (CPP) Board.

Nomination of Trustee:
Local presidents can endorse multiple trustee nominees. A Pension Advisory Committee, composed of PAC members, conducts interviews, makes the final selection, and recommends a trustee to the Presidents’ Council (PC). Once approved, the FPSE President officially appoints the trustee to the Pensions Board.

The trustee’s three-year term start date:

Since management in some locals requires three months’ notice to release faculty for the trustee role, we aim to select a trustee before the end of September, with a start date of January 1.

Time Release:
The trustee position includes a 50% time release (equivalent to 4 of 8 courses), paid by FPSE.

Trustee Workload:
Trustees typically attend two in-person meetings per month in Victoria—usually a full day on Thursday and a partial day on Friday. They review 400–500 pages of agenda materials beforehand to prepare questions and engage effectively. Additional single-day meetings and educational opportunities may also be scheduled.

Best regards,

Mark Diotte

President, Kwantlen Faculty Association

President@yourkfa.ca