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 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 Parmalat Canada Pension Plan for Winchester Cheese Cold Storage Union Employees, Registration Number 0353433.
Parmalat Canada Inc.
405 The West Mall, 10th Floor
Toronto ON M9C 5J1
Pension Manager - Human Resources
Applicant and Employer
I INTEND TO CONSENT, under section 78(1) of the PBA, to the payment out of the pension fund for the Parmalat Canada Pension Plan for Winchester Cheese Cold Storage Union Employees, Registration Number 0353433 (the “Plan”), to Parmalat Canada Inc., in the amount of $234,774.50 as at January 1, 2012 plus interest adjustments to the actual date of payment.
I PROPOSE TO MAKE THE CONSENT effective only after the Applicant satisfies me that the members’ surplus entitlements have been paid or otherwise provided for.
I INTEND TO CONSENT FOR THE FOLLOWING REASONS:
YOU ARE ENTITLED TO A HEARING by the Financial Services Tribunal (the “Tribunal”) pursuant to section 89(6) of the PBA. To request a hearing, you must deliver to the Tribunal a written notice that you require a hearing, within thirty (30) days after this Notice of Intended Decision is served on you.1
YOUR WRITTEN NOTICE must be delivered to:
Financial Services Tribunal
5160 Yonge Street
Attention: The Registrar
FOR FURTHER INFORMATION on a Form for the written notice, please see the Tribunal website at www.fstontario.ca or contact the Registrar of the Tribunal by phone at 416- 590-7294, toll free at 1-800-668-0128, ext. 7294, or by fax at 416-226-7750.
IF YOU FAIL TO REQUEST A HEARING WITHIN THIRTY (30) DAYS, I MAY CARRY OUT THE INTENDED DECISION AS DESCRIBED IN THIS NOTICE.
DATED at Toronto, Ontario, this 25th day of June, 2013.
Original Signed By
Deputy Superintendent, Pensions (Acting)
1NOTE - Pursuant to section 112 of the PBA any Notice, Order or other document is sufficiently given, served or delivered if delivered personally or sent by regular mail and any document sent by regular mail shall be deemed to be given, served or delivered on the fifth day after the date of mailing.
© Queen's Printer for Ontario, 2013