Board of Trustees

Message from the Chair

On behalf of the Board of Trustees of the Saskatchewan Healthcare Employees' Pension Plan (SHEPP), I welcome you to our website. As a Board, we have a fiduciary duty to SHEPP's 57,000 Plan members. That means that in every decision we make, our members' best interests are always at the forefront of our minds. It's a focus that has helped make SHEPP the largest defined benefit pension plan in Saskatchewan and a leader in the industry when it comes to the administration of pension plans.

With this focus in mind, the Board has been working steadily and strategically to improve SHEPP's funded status. Our top investment goals are always to secure member's benefits and keep contribution rates stable. To do so, we've diversified the Plan's asset mix to better manage investment risk. We've also been conducting regular asset-liability studies over the last number of years to help ensure our expected investment returns are greater than what we need to meet our pension obligation.

We've had positive results from these actions. In 2018, we performed our most recent valuation, which determined SHEPP was 95% funded on a going-concern basis as of December 31, 2017. This improvement in our funded status resulted from a lot of thoughtful planning and strategy by the Board and SHEPP's Administration, and all stems from our obligation to serve in the best interests of our members. But it is just one example of how the Board and SHEPP's Administration work to serve you, our members, in securing your lifetime retirement income. I trust that you will find the information in the pages of this site to be further examples of that obligation.

Thank you for the trust you place in us, the Board, in overseeing your pension plan. It's a responsibility we never take lightly, and we will continue, in everything we do, to keep your best interests at heart.


Andrew Huculak

SHEPP's Board of Trustees

Employee Trustee - Retired
Canadian Union of Public Employees (CUPE)

Employer Trustee

Employee Trustee

Employee Trustee
Health Sciences Association of Saskatchewan (HSAS)

Employer Trustee
Saskatchewan Health Authority

Employee Trustee
Saskatchewan Union of Nurses (SUN)

Employer Trustee - Retired
University of Regina

Employer Trustee

Board Notes

Following each meeting of the Board of Trustees, SHEPP publishes Board Notes. These summaries highlight the activities and decisions from Board meetings, providing transparency and accountability to SHEPP members and employers.

Code of Conduct

Recognising effective governance structure and its fiduciary responsibilities, the Board of Trustees has established a Code of Conduct and Conflict of Interest Procedures guide. The Code of Conduct and Conflict of Interest Procedures is reviewed annually by the Board of Trustees. Each Trustee must sign a declaration upon appointment to the Board of Trustees and confirm compliance on an annual basis for the duration of their term.