Our structure

Every dollar that is spent on administration means one less dollar available to pay for benefits, so keeping administrative costs to a minimum is a primary objective of the CWBR Trust.

To meet this goal, the Trust has set up an efficient organization. There are no Trust employees. Critical functions are delegated to best-in-class service providers and advisors chosen for their capability, service quality and competitive costs. These service delivery partners are monitored closely by the Trustees to ensure that members receive the very best service at a competitive price.

The Trustees are responsible for the overall operation of the Trust and administration of the benefit plan (in the best interest of the members). This includes:

• Investing funds appropriately based on the established policies
• Employing, retaining or appointing/delegating qualified advisors
• Entering into contracts with insurers (licensed in Canada)
• Revising benefits, as required

Meet the Trustees

Actuary and group benefits consultant

• Advisor to the Board of Trustees
• Provides actuarial, group benefits, investment and member communication support

Plan administration and financial services

• Member call centre
• Maintains member data and premium rates
• Collects member contributions
• Pays insurers and expenses of Trust
• Prepares required tax receipts
• Monthly billing, quarterly reports, payments on behalf of Trust
• Participates in annual financial statements