IN THE MATTER OF the Pension Benefits Act, R.S.O. 1990, c. P.8, as amended (the “PBA”);
AND IN THE MATTER of a Proposal of the Superintendent of Financial Services to make an Order under section 69 of the PBA, respecting the Employee Retirement Plan for the Employees of Moczik Tool & Die (Canada) Limited Registration Number: 279414
Wind-up Customer Service Specialist
Group Retirement Services
255 Dufferin Avenue
London, ON N6A 4K1
Moczik Tool & Die (Canada) Limited
21 Gregory Drive West
P.O. Box 489
Chatham, ON N7M 5K6
No request requiring a hearing was delivered to the Financial Services Tribunal within the time prescribed by subsection 89(6) of the PBA respecting a Notice of Proposal to make an Order to wind up the Employee Retirement Plan for the Employees of Moczik Tool & Die (Canada) Limited (the “Plan”).
IT IS THEREFORE ORDERED that the Plan be wound up in full effective April 30, 2006 for the following reasons:
- There was a cessation or suspension of employer contributions to the pension fund.
- The employer failed to make contributions to the pension fund as required by the PBA.
- A significant number of members of the pension plan ceased to be employed by the employer as a result of the discontinuance of all or part of the business of the employer or as a result of the reorganization of the business of the employer.
- All or a significant portion of the business carried on by the employer at a specific location was discontinued.
DATED at Toronto, Ontario, this 14th day of August, 2008.
Director, Pension Plans Branch
by Delegated Authority from
the Superintendent of Financial Services