Hershey Canada Inc. Pension Plan for Former Designated Key Employees of Leaf Canada Inc. - January 22, 2008

IN THE MATTER OF the Pension Benefits Act, R.S.O. 1990, c. P.8 (PBA)

AND IN THE MATTER OF a Proposal by the Superintendent of Financial Services to make an Order under section 78(1) of the PBA consenting to a payment out of the Hershey Canada Inc. Pension Plan for Former Designated Key Employees of Leaf Canada Inc. (the Plan), Registration Number 436733.

TO:

Hershey Canada Inc.
2350 Matheson Blvd.
Mississauga ON 
L4W 5E9

 

Attention:

Ms. Shari L. Ellis
Director Human Resources

Applicant and Employer

 


CONSENT

On or about November 15, 2007 the Superintendent of Financial Services caused to be served on Hershey Canada Inc. a Notice of Proposal dated November 14, 2007 to consent, pursuant to section 78(1) of the PBA, to payment out of the Hershey Canada Inc. Pension Plan for Former Designated Key Employees of Leaf Canada Inc., Registration No. 0436733, to Hershey Canada Inc. in the amount of $114,323.53 as at June 30, 2007 plus adjustments to the actual date of payment.

No Notice requiring a 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 to the payment out of the Hershey Canada Inc. Pension Plan for Former Designated Key Employees of Leaf Canada Inc., Registration Number 0436733, to Hershey Canada Inc. in the amount of $114,323.53 as at June 30, 2007 plus adjustments to the actual date of payment.

THIS CONSENT IS EFFECTIVE ONLY AFTER the Applicant satisfies me that all the benefits pursuant to the Surplus Sharing Agreement have been paid or otherwise provided for.

DATED at Toronto, Ontario, this 22nd day of January, 2008

 

 

 

 

__________________________________________

Tom Golfetto
Director, Pension Plans Branch
by Delegated Authority from
the Superintendent of Financial Services


 
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