Disclaimer
This is a reproduction of a Consent as issued and is provided for reference purposes only. In the event of an inconsistency, the Consent 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, as amended (the “PBA”);

AND IN THE MATTER OF a Notice of Intended Decision of the Superintendent of Financial Services to consent, under section 80.4 of the PBA, to the transfer of assets from the Royal Ontario Museum Pension Plan, Registration Number 0469866 (“ROM Plan”) to the Colleges of Applied Arts and Technology Pension Plan, Registration Number 0589895 (“CAAT Plan”).

TO:

The Royal Ontario Museum
100 Queen’s Park
Toronto ON M5S 2C6

Attention:

Mary McCall
Sr. Compensation, Benefits & Pension Advisor

Applicant and Employer

AND TO:

The Royal Ontario Museum Foundation
100 Queen’s Park
Toronto ON M5S 2C6

Attention:

Susan Horvath
President and CEO of the ROM Governors

Applicant and Employer

AND TO:

Colleges of Applied Arts and Technology Pension Plan
250 Yonge Street, Suite 2900
PO Box 40
Toronto ON M5B 2L7

Attention:

Evan Howard
Vice-President, Pension Management

Plan Administrator

CONSENT

ON OR ABOUT November 4, 2016, the Superintendent of Financial Services issued a Notice of Intended Decision in respect of the application of the Royal Ontario Museum (ROM) filed on June 29, 2016, subsequently revised on September 29, 2016, and October 28, 2016, to consent, pursuant to section 80.4 of the PBA to the transfer of assets from the ROM Plan to the CAAT Plan, subject to the filing of the amendments to the CAAT plan under section 12 of the PBA.  

THE AMENDMENTS to the CAAT Plan were filed under section 12 of the PBA on November 25, 2016.

Si vous désirez recevoir cet avis en français, veuillez envoyer votre demande immédiatement à: Adjointe, audiences, Greffe, Commission des services financiers de l’Ontario, 5160 rue Yonge, boîte 85, Toronto ON M2N 6L9.

NO REQUEST FOR HEARING was delivered to the Financial Services Tribunal by the Applicant or any other person within the time prescribed by section 89(6) of the PBA.

THE SUPERINTENDENT OF FINANCIAL SERVICES THEREFORE CONSENTS, for the reasons set out in the Notice of Intended Decision, to the transfer of assets from the ROM Plan to the CAAT Plan.

DATED at Toronto, Ontario, this 12th day of December,  2016.

Gino Marandola
Director, Pension Plans Branch (Interim)
by Delegated Authority from the
Superintendent of Financial Services

COPY:

Heidi Sobol
President, OPSEU Local 543       
Ontario Public Service Employees Union Local 543
100 Lesmill Rd.
Toronto ON  M3B 3P8

Silvia Forni
President
The Royal Ontario Museum Curatorial Association
100 Queen’s Park
Toronto ON  M5S 2C6

Allen Ferens
Special Representative
Services Employees International Union Local 2
2600 Skymark Avenue
Building 2, Unit 200
Mississauga ON  L4M 5B2

© Queen's Printer for Ontario, 2016