Regina Civic Employees' Superannuation and Benefit Plan

Regina Civic Employees' Superannuation and Benefit Plan

The Regina Civic Employees' Superannuation and Benefit Plan was established in 1958 as a defined benefit vehicle for civic workers. It is jointly sponsored by the City of Regina and the Civic Pension and Benefits Committee, which represents employee interests. Participating employers have grown over decades to include the Saskatchewan Health Authority, the Regina Board of Education, the Regina Public Library, EPCOR, Buffalo Pound Water Treatment Corporation, and eHealth Saskatchewan. The plan's administrative board is chaired by Ken Kosolofski and draws trustees from across its employer base — a governance structure typical of Saskatchewan's localized public retirement systems. The plan maintains a three-pillar investment portfolio spanning public equities, fixed income, and a distinct global real estate allocation. It also holds a stake in iDECK Pension Investment Corporation, a Saskatchewan-based entity that provides direct co-investment access for provincial public plans. The real-asset tilt is reinforced by membership in Global AgInvesting, signaling an interest in farmland and agricultural infrastructure alongside the plan's core real estate book. While the fund does not disclose a rate-of-return target publicly, its posture mirrors that of many mid-sized Canadian public pensions: internally managed core positions supplemented by targeted external partnerships in real assets. Team size is not publicly reported, and the fund's back-office operations are handled through Möbius Benefit Administrators, which maintains an ILPA membership on the plan's behalf. An organized retiree association — the Regina Civic Pensioners Association — provides a structured alumni network that is uncommon among municipal plans of this scale. In recent years there has been no public announcement of an asset-liability study update or a shift in the strategic asset mix, leaving the fund's current deployment pace opaque to outside observers. Structurally, the plan sits in a distinct category: a multi-employer public plan that spans city government, a major health authority, school boards, and a water utility. That employer diversity forces a conservative liability-matching approach — its actuarial horizon reflects civic payrolls, not a single corporate balance sheet. The relationship with iDECK represents its clearest known structural differentiator, giving the plan a path into co-investments typically reserved for larger provincial funds, albeit with no disclosure of current commitments.