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.
Director, GRS Operations
Sun Life Financial
Group Retirement Services
PO Box 2025 Station Waterloo
Waterloo ON N2J 0B4
SHS Services Management Inc.
500-125 Commerce Valley Drive
Markham ON L3T 7W4
Barry E Wadsworth
Unifor Local 1000
205 Placer Court, Unifor Legal Department
Toronto ON M2H 3H9
Vice President, Consulting & Deals
2600-18 York Street, PwC Tower
Toronto ON M5J 0B2
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
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
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