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Registered Pension Plan for Employees of Hunjan Tools & Mould Ltd. and Participating Affiliates - May 9, 2006
IN THE MATTER of the Pension Benefits Act, R.S.O. 1990, c. P.8, as amended (the Act);AND IN THE MATTER of a Proposal of the Superintendent of Financial Services to make an Order under section 69 of the Act, respecting the Registered Pension Plan for Employees of Hunjan Tools & Mould Ltd. and Participating Affiliates (the Plan) Registration Number 1045368
TO:
Nilu Balsara
Plan Design Services
Manulife Financial
P.O. Box 396, Station Waterloo
Delivery Station -KC-6
Waterloo, ON N2J 4A9
Administrator
AND TO:
Mirjana Pratnemer
Benefits Administrator
Hunjan Tools & Mould Ltd. and Participating Affiliates
380 Marklano Street
Markham, ON L6C 1T6
Employer
AND TO:
Anamika Gadia
KPMG Inc
199 Bay Street
Suite 3300, Commerce Court W.
Toronto, ON M5L 1B2
Receiver
ORDER
NO request requiring a hearing was delivered to the Financial Services Tribunal within the time prescribed by subsection 89(6) of the Act respecting a Notice of Proposal to make an Order to wind up the Plan.
IT IS THEREFORE ORDERED that the Plan be wound up in full effective June 16, 2005 for the following reasons:
There was a cessation or suspension of employer contributions to the pension fund.
DATED at Toronto, Ontario, this 9th day of May, 2006.
Tom Golfetto
Director, Pension Plans Branch
by Delegated Authority from
the Superintendent of Financial Services
Financial Services Commission of Ontario