Disclaimer
This is a reproduction of an ORDER as issued and is provided for reference purposes only. In the event of an inconsistency, the ORDER 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, as amended (the “PBA”)

AND IN THE MATTER OF of a Notice of Intended Decision of the Superintendent of Financial Services to make an Order under section 69 of the PBA,respecting the SKD Technologies Inc. Pension Plan for Hourly Employees Who are Members of the UAW Local 89, Registration Number 0474239 (previously C-020958)

 

TO:

Tejash Modi
Principal
Morneau Shepell Ltd.
895 Don Mills Road
Tower One, Suite 700
Toronto ON M3C 1W3

Administrator

AND TO:

Margaret McEnroe
Director, Global Equity, Retirement Plans
SKD Technologies Inc. (Continental Can Company Inc.)
c/o Level 3 Communications
1025 Eldorado Boulevard
Broomfield, Colorado, USA 80021

Employer

 

ORDER


NO REQUEST OR HEARING was delivered to the Financial Services Tribunal within the time prescribed by subsection 89(6) of the PBA respecting the Notice of Intended Decision to make an order, under section 69 of the PBA, to partially wind up the SKD Technologies Inc.  Pension Plan for Hourly Employees Who are Members of the UAW Local 89, Registration Number 0474239 (previously C-020958) (the “Plan”).

THE SUPERINTENDENT OF FINANCIAL SERVICES THEREFORE ORDERS that the Plan be partially wound up under section 69 of the PBA effective March 1, 1990 for the reasons set out in the Notice of Intended Decision.

 

DATED at Toronto, Ontario, this 12th day of June, 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