Pension e-Bulletin - January 2009 - Volume 18 - Issue 1

January 2009 - Volume 18, Issue 1

GENERAL ANNOUNCEMENTS
COURT / PROSECUTION MATTERS
LEGISLATIVE CHANGES / REGULATORY POLICIES
FINANCIAL SERVICES TRIBUNAL ACTIVITIES

• Enhanced Stakeholder Engagement
• Appointment of New Director, Pension Plans Branch at FSCO
• Solvency Funding Relief
• Asset Smoothing for Solvency Valuations
• Consultation on Locked-In Accounts
• Alberta/B.C. report of Joint Expert Panel on Pension Standards
• Nova Scotia Releases Interim Review Paper
• Family Law Reforms and Pensions
• Expert commission on pensions delivers final report
• Applications to the Courts
• CAPSA Consultation Sessions
• CAPSA Consultation – Multi-Jurisdictional Pension Plans
• Updated Q&As for Locked-In Accounts
  

 COURT MATTERS

• Kerry (Canada) Inc.
• Hydro One
• Slater Steel Inc.
  

 PROSECUTION MATTERS

• Trustees of the Canadian Commercial Workers Industry Pension Plan
  

 LEGISLATIVE AND REGULATORY CHANGES

• No changes to report.

REGULATORY POLICIES

• L200-407 - 2009 Schedule 1.1 LIF maximum payments
• L200-406 - 2009 Schedule 1 LIF maximum payments

POLICY REVIEWS COMPLETED

• S900-401 - Partial Wind Up - Identification and Administration of Surplus
• S900-503 - Surplus Distribution - The Role of Legal Counsel in Obtaining Written Consent
• W100-105 - Conditional Wind Up Application Not Permitted
• S900-505 - Levels of Consent Required Pursuant to Section 10.1 of Regulation 909

APPOINTMENTS OF FST MEMBERS
                                                          ...more

HEARINGS BEFORE FST

• Abitibi-Consolidated Inc.
• Amcan Castings Limited
• Boeing
• Canada Life Assurance Company
• Canada Life Canadian Employees Pension Plan (Pelican Food Services)
• Canadian Bricklayers and Allied Craft Unions Members Pension Trust and Kerry Wilson
• Colleges of Applied Arts and Technologies
• Henry Kernius (Ontario Power Generation Inc.)
• International Union of Painters and Allied Trades
• Kraft Canada Inc.
• Marshall-Barwick Inc.
• McLean & Dickey Ltd.
• Montreal Trust
• OMERS
• Ontario Teachers’ Pension Plan
• Parmalat Canada Inc.
• Public Service Alliance of Canada
• Rainer Redmann (Fruehauf Canada Inc.)
• Shoppers Drug Mart Inc.
• Tony Bellisario of Tri-Co Holdings Inc.
• Unilever Canada Inc.
• Victorian Order of Nurses for Canada (VON)
• Wabi Iron & Steel Corp.
• Wescan Systems Limited
• Wescan Systems Limited Union Pension Plan
• York University
                                                          ...more
  

Financial Hardship

Application to the Superintendent of Financial Services for Consent to Withdraw Money from a Locked-in Retirement Account, Life Income Fund or Locked-in Retirement Income Fund based on Financial Hardship

• No cases to report

FST DECISIONS

• No cases to report                       
  
  ...more

THAT PLANS BE WOUND UP

• Pension Plan for the Employees of Waffles Electric Limited - November 18, 2008
• Pension Plan for Hourly Employees of Amcan Castings Limited (Burlington Division) - December 8, 2008
  

OTHER

• Public Service Alliance of Canada Pension Plan - October 22, 2008
• Pension Plan for Salaried Employees of Gerdau Ameristeel Corporation Whitby Division - December 12, 2008

TO MAKE AN ORDER

• Staff Pension Plan for Employees of National Business Systems Inc. - October 22, 2008
• The Public Service Alliance of Canada Pension Plan - October 22, 2008
• Pension Plan for Salaried Employees of Sternson Limited - November 7, 2008
• Pension Plan for Employees of Hallmark Technologies Inc. - November 25, 2008
• Gemala Industries Limited Employees' Pension Plan (Plan A-5) - November 25, 2008
• Pension Plan for the Employees of Lofthouse Brass Manufacturing Ltd. - November 25, 2008
• Honeywell ASCa Inc. Retirement Plan for Salaried Employees - November 28, 2008
• Pension Plan For Hourly-Rated Employees of Dominion Bridge-Steel Service Center/Cooksville - December 12, 2008
• Imperial Oil Limited Retirement Plan - December 19, 2008
• Imperial Oil Limited Retirement Plan for Former Employees of McColl-Frontenac Inc. - December 19, 2008

TO MAKE A DECLARATION

• Pension Plan for Hourly Employees of Amcan Castings Limited (Burlington Division) - October 6, 2008
• IPCO Corporation Canadian Employees' Retirement Plan - November 13, 2008
  

TO REFUSE TO MAKE AN ORDER

• The Pension Plan for Certain Hourly-Rated Employees (Dixie Manufacturing Plant) of Fruehauf Canada Inc. - October 22, 2008
  

OTHER

• Pension Plan for Salaried Employees of Corby Distilleries and Affiliated Companies - December 11, 2008

DECLARATIONS

• Pension Plan for Hourly Employees of Amcan Castings Limited (Burlington Division) - November 8, 2008
  

CONSENT TO PAYMENTS OF SURPLUS OUT OF WOUND UP PENSION PLANS

• Staff Pension Plan for Employees of National Business Systems Inc. - December 10, 2008
  

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