Asset-Liability Management Committee
The Asset-Liability Management Committee (or ALM Committee) oversees the investment of the HOOPP Trust Fund assets in relation to HOOPP Plan liabilities to ensure HOOPP continues to be adequately funded to pay Plan benefits. Its mandate includes:
- Monitoring and evaluating the investment management process, including investment risk, and the performance of Trust Fund investments
- Reviewing and making recommendations to the Board of Trustees regarding funding strategies as well as investment policies and goals, especially in relation to investment risk management and investment performance
- Monitoring and making recommendations to the Board regarding systems and controls to ensure compliance with investment policy and regulatory requirements
- Monitoring compliance with the investment policies of the Board