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Order in Council 1806/2020

On the recommendation of the undersigned, the Lieutenant Governor of Ontario, by and with the advice and concurrence of the Executive Council of Ontario, orders that:

The Plan is being established for the purposes of allowing Plan members to fund past service pension benefits that cannot be provided under the Public Service Supplementary Benefits Account (the “ PSSBA ”);

In the event that the PSSBA becomes funded, either partly or fully, through a Retirement Compensation Arrangement as that term is defined under the federal Income Tax Act (Canada) and Regulations, then the Plan shall be terminated and any funds under the Plan shall be transferred to the PSSBA and Plan benefits shall be payable from the PSSBA ; and

The Ontario Public Service Pension Board may enter into an agreement with the Crown to administer the Plan.

Schedule 1

Treasury Board Secretariat

Approved and Ordered:

December 18, 2020

Updated: June 29, 2022

Published: February 04, 2021