Pension e-Bulletin - January 2008 - Volume 17 - Issue 1

January 2008 - Volume 17, Issue 1

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

• Plan Administrator Questions Answered - July 2007
• Changes to the Funding Rules for Multi-Employer Pension Plans August 2007
• Changes To The Rules For Ontario Locked-In Accounts - August 2007, updated December 2007
• Pension Assessment - August 2007, updated December 2007
• September 5, 2007 Letter to Financial Institutions - September 2007
• Filing Information for Pension Plan Administrators - updated December 2007
• Pension Unlocking: Non-Hardship - December 2007
• New Hardship Unlocking Forms for 2008 - January 2008
• New Forms 2, 4.1, 5, 5.1, 6 and 6.1 - January 2008
  

 COURT MATTERS

• Participating Co-Operatives of Ontario Trustee Pension Plan
• Hydro One
• Kerry (Canada) Inc.
• Rockwell Automation Canada Inc.
• Slater Steel Inc.
  

 PROSECUTION MATTERS

• Trustees of the Canadian Commercial Workers Industry Pension Plan
  

 LEGISLATIVE AND REGULATORY CHANGES

• Bill 187 - May 2007
• Ontario Regulation 133/07 - April 2007
• Ontario Regulation 413/07 - July 2007
• Ontario Regulation 415/07 - July 2007
• Ontario Regulation 416/07 - July 2007
• Ontario Regulation 489/07 - September 2007

 REGULATORY POLICIES

• A700-301 - Withdrawal of Application for Consent to a Transfer of Assets - March 2007
• S900-751 - Undistributed Surplus on Full or Partial Wind Up  - March 2007
• S900-901 - Allocation of Surplus to Members, Former Members and Other Persons on Wind Up - March 2007
• S900-910 - Distribution of Surplus to Employer on Partial Wind Up - March 2007
• W100-231 - Distribution of Benefits on Partial Wind Up - March 2007
• L200-404 - 2008 Schedule 1 Life income Fund (LIF) Maximum Annual Income Payment Amount Table - December 2007
• L200-405 - 2008 Schedule 1.1 Life income Fund (LIF) Maximum Annual Income Payment Amount Table - December 2007

APPOINTMENTS OF FST MEMBERS
                                                          ...more

HEARINGS BEFORE FST

• 10 Toronto Street Inc. (The Ravelston Corporation Limited)
• Algoma University College
• Board of Trustees of the Local 353, IBEW Pension Fund
• Canada Life Assurance Company
• Canadian Bricklayers and Allied Craft Unions Members Pension Trust and Kerry Wilson
• CAW-Canada (Spar Aerospace)
• Crown Cork & Seal Canada Inc.
• Gay Lea Foods Co-operative Limited (Participating Co-Operatives of Ontario Trusteed Revised Pension Plan)
• Honeywell ASCa Inc.
• Hydro One Members Committee
• Jacqueline Briand (Honeywell ASCa Inc.)
• Jan Szarycz (Canadian Commercial Workers Industrial Pension Plan)
• Joint Retirement Board for Conservative Judaism
• Kraft Canada Inc.
• Marshall-Barwick Inc.
• PPG Canada Inc.
• Shoppers Drug Mart Inc.
• The Great Atlantic & Pacific Company of Canada
• Totten Sims Hubicki Associates (1997) Limited
• Volkswagen Canada Inc.
                                                          ...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

• Hydro One Members’ Committee
                                                  ...more

THAT PLANS BE WOUND UP

• Alexander Metal Products Limited - September 21, 2007
• Carnarvon Building Supplies Ltd. - July 6, 2007
• Famous Players Limited - July 20, 2007
• Gummed Papers Limited - August 13, 2007
• MTW Hourly Pension Plan - October 9, 2007
• Quetico Centre - July 27, 2007
• Ravelston Corporation Limited - October 9, 2007
• Superior Machine & Tool (Chatham) Ltd. - July 6, 2007
  

OTHER

• American Federation for Musicians - August 13, 2007
• Canadian International Fund Management Inc. - August 23, 2007
• Imperial Oil Limited - October 9, 2007
• Silverwood Dairies Retirement Plan - October 1, 2007
• Weyerhauser Company Limited - October 9, 2007

CONSENT TO PAYMENTS OF SURPLUS OUT OF WOUND UP PENSION PLANS

• ING Canada Inc. - August 28, 2007
  

DECLARATIONS THAT THE PENSION BENEFITS GUARANTEE FUND APPLIES TO PENSION PLANS

• Bowring Gift Shops - July 24, 2007
• Lindsay Electronics Inc. (Salaried) - July 10, 2007
• Lindsay Electronics Inc. - July 10, 2007

TO MAKE AN ORDER

• Browns Concrete Products Limited - September 4, 2007
• Corrosion Service Company Limited (The Plan) - October 3, 2007
• Coca Cola Bottling Company (Downsview) - October 11, 2007
• Dovercourt Boys & Girls Club - August 31, 2007
• Franklin Mint Inc. - August 23, 2007
• Gemala Industries Ltd. - October 11, 2007
• Genfast Manufacturing Company - October 11, 2007
• Greening Donald Company Ltd. - October 12, 2007
• Hallmark Technologies Inc. - October 11, 2007
• Imperial Oil Limited Retirement Plan - August 23, 2007
• MTW Hourly Pension Plan - August 23, 2007
• Ortech Corporation - October 17, 2007
• Ravelston Corporation Limited - July 27, 2007
• Silverwood Dairies - July 26, 2007
• Sunshine Centre for Seniors - August 31, 2007
• Sinclair Radio Laboratories Ltd. - September 24, 2007
• Technicolor Canada Inc. - August 23, 2007
• Vivendi Universal Canada Inc. - October 11, 2007
• Weyerhauser Company Limited - August 23, 2007

TO REFUSE TO APPROVE

• Dura Automotive Systems (Canada) Ltd. - September 21, 2007
• Loblaws Supermarkets Limited - July 13, 2007
• Public Service Alliance of Canada - September 26, 2007
  

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