Tana Canada, Inc. and Sara Lee Foodservice Ltd. Designated Employees' Pension Plan, Registration Number 0337337

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 62.1(5) of the PBA to a payment out of the pension fund for the Tana Canada, Inc. and Sara Lee Foodservice Ltd. Designated Employees' Pension Plan, Registration Number 0337337 (the “Plan”).

 
 
TO:
Tana Canada, Inc. and Sara Lee Foodservice Ltd.
5900 Ambler Drive, Unit 6-11
Mississauga, ON L4W 2N3
 
 
Attention:
Denver Grant
Financial Planning/Customer Service Manager
 
 
                               Applicant and Employer
 
 
 

CONSENT

 
ON OR ABOUT July 26, 2011, the Superintendent of Financial Services issued a Notice of Intended Decision in respect of the Tana Canada, Inc. and Sara Lee Foodservice Ltd. Designated Employees' Pension Plan, Registration No. 0337337, to consent, pursuant to section 62.1(5) of the PBA, to payment out of the Plan to Tana Canada, Inc. and Sara Lee Foodservice Ltd. in the amount of $111,009, as at December 31, 2010, plus interest to the date of payment.
 
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 the Tana Canada, Inc. and Sara Lee Foodservice Ltd. Designated Employees' Pension Plan to Tana Canada, Inc. and Sara Lee Foodservice Ltd. in the amount of $111,009, as at December 31, 2010, with interest thereon.
 
DATED at Toronto, Ontario, this 16th day of December, 2011.              
 
 
Brian Mills
Director, Pension Plans Branch
by Delegated Authority from the Superintendent of Financial Services

 
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