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 consent under section 62.1(5) of the PBA to a payment out of the pension fund for the Pension Plan for Hourly Employees of Affinia Canada Corp. (Mississauga), Registration Number 0404376 (the “Plan”).
Affinia Canada Corp.
6601 – A Goreway Drive
Mississauga ON L4V 1V6
Attention:
Ms. Patti Turner
Manager, Canadian Benefits
AND TO:
Mr. Kelvin Cheng
Senior Associate
Mercer
161 Bay Street
PO Box 501
Toronto ON M5J 2S5
ON OR ABOUT May 9, 2014, the Superintendent of Financial Services issued a Notice of Intended Decision in respect of the Pension Plan for Hourly Employees of Affinia Canada Corp. (Mississauga), Registration No. 0404376, to consent, pursuant to section 62.1(5) of the PBA, to payment out of the Plan to Affinia Canada Corp. in the amount of $79,368.96 as at August 31, 2013, plus investment earnings thereon to the date of payment.
NO REQUEST FOR HEARING was delivered to the Financial Services Tribunal by the Applicant or any other party 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 payment out of the Pension Plan for Hourly Employees of Affinia Canada Corp. (Mississauga) to Affinia Canada Corp. in the amount of $79,368.96, as at August 31, 2013, plus investment earnings thereon to the date of payment.
DATED at Toronto, Ontario, this this 19th day of September, 2014.
Original Signed By
John Avgeris
Director, Pension Plans Branch
by Delegated Authority from the
Superintendent of Financial Services