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 Make an Order under section 87 of the PBA relating to the Pension Plan for Employees of Hewlett Packard Enterprise Canada Co. (for Former EDS Retirement Plan Members), Registration Number 0911271.
TO:
Hewlett Packard Enterprise Canada Co.
3550-419 King Street West
Oshawa ON L9J 2K5
Attention:
Doug Wetmore
Compensation & Benefits Analysis
Administrator of the Plan
AND TO:
F.B.
Retired Member of the Plan
NOTICE OF INTENDED DECISION
I INTEND TO MAKE AN ORDER in respect of the Pension Plan for Employees of Hewlett Packard Enterprise Canada Co. (for Former EDS Retirement Plan Members), Registration Number 0911271 (the “Plan”), that vacation pay be factored into F.B.’s pensionable earnings under section 87 of the PBA.
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.
YOU ARE ENTITLED TO A HEARING by the Financial Services Tribunal (the “Tribunal”) pursuant to section 89(6) of the PBA. A hearing before the Tribunal about this Notice of Intended Decision may be requested by completing the enclosed Request for Hearing (Form 1) and submitting it to the Tribunal within 30 days after this Notice of Intended Decision is served on you.1 A copy of that form is included with this Notice of Intended Decision. Additional copies can be obtained by visiting the Tribunal’s website at www.fstontario.ca.
If a Request for Hearing (Form 1) is submitted to the Tribunal within 30 days after this Notice of Intended Decision is served on you, sections 89(8) and 89(9) of the PBA provide that the Tribunal shall appoint a time for and hold a hearing, and by order may direct the Superintendent of Financial Services (the “Superintendent”) to make or refrain from making the intended decision indicated in this notice and to take such action as the Tribunal considers the Superintendent ought to take in accordance with the PBA and the regulations, and for such purposes, the Tribunal may substitute its opinion for that of the Superintendent.
IF NO WRITTEN REQUEST FOR A HEARING IS MADE within 30 days after this Notice is served on you, TAKE NOTICE THAT the Superintendent will carry out the intended decision to order that vacation pay be factored into F.B.’s pensionable earnings pursuant to section 87 of the PBA.
A completed Request for Hearing form must be received by the Tribunal within 30 days after this Notice is served on you. They may be mailed, faxed, or delivered to:
Financial Services Tribunal
5160 Yonge Street, 14th Floor
Toronto ON M2N 6L9
Attention: The Registrar
Fax: 416-226-7750
The hearing before the Tribunal will proceed in accordance with the Rules of Practice and Procedure for Proceedings before the Financial Services Tribunal made under the authority of the Statutory Powers Procedure Act, R.S.O. 1990, c. S.22. Those Rules are available at the website of the Tribunal: www.fstontario.ca. Alternatively, a copy can be obtained by telephoning the Registrar of the Tribunal at 416-590-7294, or toll free at 1-800-668-0128 ext 7294.
REASONS FOR INTENDED DECISION:
The Plan is a single employer combined defined benefit and defined contribution pension plan that was established on March 1, 1985.
Hewlett Packard Enterprise Canada Co. (“Hewlett”) is the employer, sponsor and administrator of the Plan.
DATED at Toronto, Ontario, this 28th day of December, 2018.
Original Signed By
Gino Marandola (Acting)
Deputy Superintendent, Pensions
By delegated authority from the
Superintendent of Financial Services
1 NOTE - 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, 2018