October 2019
Ontario Launches Consultations on new Public Sector Benefits Pooling Model

2019-10-11 2:30:52 PM


The Ontario government intends to begin consultations on benefits pooling for the broader public sector later this year.

Since the passage of the Protecting a Sustainable Public Sector for Future Generations Act in April, the government has consulted with broader public sector employers and bargaining agents to determine ways to ensure public sector compensation growth is “reasonable.” One of the ideas that has emerged from these consultations is a centralized benefits pooling model, which the province already uses in an arrangement with more than a dozen broader public sector employers.

The Treasury Board estimates that a benefits pooling model could save up to $115 million through finding efficiencies and accessing economies of scale. This builds on the Ford government’s other initiatives calling on municipalities to find savings.

The province will release more information on the consultation process to insured benefits plan sponsors in the coming months.

For more information, please see below:

AMCTO: Premier Ford Offers Funding to Large Municipalities and School Boards to Find Savings

Ontario Government: Ontario Launches Consultations on New Public Sector Benefits Pooling Model

Ontario Government: Protecting a Sustainable Public Sector for Future Generations Act, 2019

Ontario Government: Ontario Public Sector Consultations
 
 


 


Comments
Blog post currently doesn't have any comments.