Message From The President Highlights It's A Defined Benefit Plan Sources Of Funding Buyer Beware Cost-Of-Living Adjustments Membership Benefit Changes Pension Commmittee Investment Committee Asset Mix Investments At December 31, 2000 Asset Types Investment Managers Custodian/Trustee Pension Plan Performance Financial Statements

You are in: The Plan : Publications : 2000 Annual Report : Pension Committee   Pension Committee The Pension Committee reports to the Audit Committee of the MTS Board of Directors. The Pension Committee met twice in 2000 where, in accordance with their mandate, they reviewed the results of the funding and COLA actuarial valuations, reviewed the results of the 1999 Annual Report survey, and were briefed on the Plan’s investment performance. At the end of 2000, the members of the Pension Committee were: Rod Pennnycook (Chair) Retired, The Great-West Life Assurance Company Irene Groot-Koerkamp Director, Law, MTS Bryan Luce Vice-President Human Resources, MTS Carl Martz IBEW Representative Harry Restall Retiree Representative Bill Shelest Compensation and Benefits Manager, MTS Pat Solman Treasurer, MTS Iris Taylor CEP Representative Larry Trach TEAM Representative The Pension Committee may also make recommendations to the Audit Committee on changes to pension benefits. In order to establish a consistent process for the review of proposed changes to the MTS Pension Plan, the Pension Committee established a subcommittee specifically for this purpose. Copyright 2004. All rights reserved.