IN THE MATTER OF the Pension Benefits Act, R.S.O. 1990, c. P.8, as amended (the “PBA”)
AND IN THE MATTER OF a Proposal of the Superintendent of Financial Services to Revoke the Registration of an amendment to the Public Service Alliance of Canada Pension Plan, Registration Number 0512624 pursuant to section 18(1)(e) of the PBA
Public Service Alliance of Canada
233 Gilmour Street, Suite 1100
Attention: John Gordon
ON OR ABOUT September 26, 2007, the Superintendent of Financial Services (the “Superintendent”) issued a Notice of Proposal (the “NOP”) in respect of the Public Service Alliance of Canada Pension Plan, Registration Number 0512624, (the “Plan”) (reported at Financial Services Commission of Ontario (FSCO) website, Pension e-Bulletin, January 2008, Volume 17, Issue 1) to the Public Service Alliance of Canada (“PSAC”).
A REQUEST FOR HEARING before the Financial Services Tribunal (the “Tribunal”) was filed by PSAC on or about October 25, 2007.
ON February 14, 2008, the Tribunal convened a pre-hearing conference. The Alliance Employees’ Union was granted party status at the pre-hearing conference.
ON October 8, 2008, PSAC withdrew the hearing request.
For the reasons set out in the NOP, I ORDER that the registration of Amendment 2006-3 to the Plan effective January 1, 2006, is revoked under section 18(1)(e) of the PBA.
DATED at Toronto, Ontario, this 22nd day of October, 2008.
K. David Gordon
Deputy Superintendent, Pensions