Disclaimer
This is a reproduction of a NOID as issued and is provided for reference purposes only. In the event of an inconsistency, the NOID as issued takes precedence over this reproduction.

 

 
Superintendent of
Financial
Services
 
Ontario Coat of Arms
 
Surintendant des
services
financiers
 

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

AND IN THE MATTER of a Notice of Intended Decision of the Superintendent of Financial Services to make an Order under section 69 of the PBA,respecting the SHS Services Management Inc. Pension Plan, Registration  Number 1254119.

 

TO:

Mary Hofer
Director, GRS Operations
Sun Life Financial
Group Retirement Services
PO Box 2025 Station Waterloo
Waterloo ON  N2J 0B4

Administrator

AND TO:

Michael Strachan
President
SHS Services Management Inc.
500-125 Commerce Valley Drive
Markham ON  L3T 7W4

Employer

AND TO:

Barry E Wadsworth
Associate Counsel
Unifor Local 1000
205 Placer Court, Unifor Legal Department
Toronto ON  M2H 3H9

Union

AND TO:

Tracey Weaver
Vice President, Consulting & Deals
PricewaterhouseCoopers LLP
2600-18 York Street, PwC Tower
Toronto ON  M5J 0B2

Receiver

 

NOTICE OF INTENDED DECISION

I INTEND TO MAKE AN ORDER under section 69 of the PBA that the SHS Services Management Inc. Pension Plan, Registration 1254119 (the “Plan”) be wound up effective December 13, 2013.

I INTEND TO MAKE THE ORDER FOR THE FOLLOWING REASONS:

 

There was a cessation or suspension of employer contributions to the pension fund.

Failure of employer to make contributions to the pension fund as required by the Act or the Regulations.

All or a significant part of the business has been discontinued at a specific location.

 

Such further and other reasons as may come to my attention.

YOU ARE ENTITLED TO A HEARING by the Financial Services Tribunal (the “Tribunal”) pursuant to section 89(6) of the PBA. To request a hearing, you must deliver to the Tribunal a written notice that you require a hearing, within thirty (30) days after this Notice of Intended Decision is served on you.1

YOUR WRITTEN NOTICE must be delivered to:

Financial Services Tribunal
5160 Yonge Street
14th Floor
Toronto, Ontario
M2N 6L9

Attention: The Registrar

FOR FURTHER INFORMATION on a Form for the written notice, please see the Tribunal website at www.fstontario.ca or contact the Registrar of the Tribunal by phone at 416- 590-7294, toll free at 1-800-668-0128, ext. 7294, or by fax at 416-226-7750.

IF YOU FAIL TO REQUEST A HEARING WITHIN THIRTY (30) DAYS, I MAY CARRY OUT THE INTENDED DECISION AS DESCRIBED IN THIS NOTICE.


DATED at Toronto, Ontario, this 14th day of April, 2014

Original Signed By

Brian Mills
Deputy Superintendent, Pensions


1NOTE - Pursuant to section 112 of the PBA any Notice, Order or other document is sufficiently given, served or delivered if delivered personally or sent by regular mail and any document sent by regular mail shall be deemed to be given, served or delivered on the fifth day after the date of mailing.

© Queen's Printer for Ontario, 2014