City Council will discuss reappointing Ashley Stradeski to the Municipal Employees Retirement Board as joint representative of police and fire employers at Monday’s meeting.
Stradeski was originally appointed to the position in 2018 because of his skills and ability to represent police and fire employers. If reappointed, his second four-year term is expected to begin on September 1.
The City of Prince Albert is one of five cities, including Yorkton, Estevan, North Battleford and Swift Current, participating in the Plan and jointly appointing a commissioner.
So far, the cities of Yorkton, North Battleford and Swift Current have all approved Stradeski’s reappointment.
The city council can request another person for the position, but “the time, commitment to education and knowledge required to make this appointment effective are quite significant”, says a Pension Commission report municipal employees.
“It takes two to three years for each member of the Commission to complete this program,” according to the report. “The training required for a new member of the Commission is an example of this investment.
The Commission views an appointment as an eight-year commitment and has indicated Stradeski’s willingness to accept another term.
The Municipal Employees Retirement System (MRE) provides retirement benefits to employees of school divisions, urban and rural municipalities and other local authorities in the province of Saskatchewan. The Commission’s role is to oversee the administration of the IPP for over 26,000 Plan members, 6,700 retirees and the investment of the Plan’s $3.5 billion in assets.