Disclaimer
This is a reproduction of a CONSENT as issued and is provided for reference purposes only. In the event of an inconsistency, the CONSENT as issued takes precedence over this reproduction.

 

 
Superintendent of
Financial
Services
 
Ontario Coat of Arms
 
Surintendant des
services
financiers
 

IN THE MATTER OF the Pension Benefits Act, R.S.O. 1990, c. P.8, (the “PBA”);

AND IN THE MATTER OF a Notice of Intended Decision of the Superintendent of Financial Services to consent under section 78(1) of the PBA to a payment out of the pension fund for the Pension Plan for Eligible Non-Union Salaried Commercial Vehicle Aftermarket and Commercial Vehicle Systems Driveline Employees of Meritor Aftermarket Canada Inc., Registration Number 0379321.

 

TO:

Meritor Aftermarket Canada Inc.
2135 West Maple Road
Troy MI USA
48084

Attention: Tom Kempa
Senior Director, Global Benefits

Applicant and Employer

AND TO:

Donna Wolfe
Morneau Shepell Ltd.
301-30 Duke Street W
Kitchener ON N2H 3W5

 

CONSENT


ON OR ABOUT October 21, 2013, the Superintendent of Financial Services caused to be served on Meritor Aftermarket Canada Inc. a Notice of Intended Decision dated October 21, 2013 to consent, pursuant to section 78(1) of the PBA, to payment out of the pension fund for the Pension Plan for Eligible Non-Union Salaried Commercial Vehicle Aftermarket and Commercial Vehicle Systems Driveline Employees of Meritor Aftermarket Canada Inc., Registration Number 0379321, to Meritor Aftermarket Canada Inc. in the amount of $6,012,400, as at January 1, 2012, with interest thereon.

NO REQUEST FOR HEARING was delivered to the Financial Services Tribunal by the Applicant or any other party within the time prescribed by section 89(6) of the PBA.

THE SUPERINTENDENT OF FINANCIAL SERVICES THEREFORE CONSENTS, for the reasons set out in the Notice of Intended Decision, to the payment out of pension fund for the Pension Plan for Eligible Non-Union Salaried Commercial Vehicle Aftermarket and Commercial Vehicle Systems Driveline Employees of Meritor Aftermarket Canada Inc., Registration Number 0379321, to Meritor Aftermarket Canada Inc. in the amount of $6012400, as at January 1, 2012, plus interest thereon.

 

DATED at Toronto, Ontario, this 13th day of December,  2013.

Original Signed By

John Avgeris
Director (Ag), Pension Plans Branch
by Delegated Authority from the
Superintendent of Financial Services


© Queen's Printer for Ontario, 2013