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 62.1(5) of the PBA to a payment out of the pension fund for the Pension Plan for Employees of Hoffmann-La Roche Limited /Hoffmann-La Roche Limitee and Affiliated, Associated and Subsidiary Companies, Registration Number 0259242 (the “Plan”).
TO:
Hoffmann-La Roche Limited
7070 Mississauga Road
Mississauga ON L5N 5M8
Attention:
Omar Ismail
Director of Corporate Finance
Applicant and Employer
CONSENT
ON OR ABOUT January 7, 2019, the Superintendent of Financial Services issued a Notice of Intended Decision in respect of the pension fund for the Pension Plan for Employees of Hoffmann-La Roche Limited /Hoffmann-La Roche Limitee and Affiliated, Associated and Subsidiary Companies, Registration Number 0259242, to consent, pursuant to section 62.1(5) of the PBA, to payment out of the Plan to Hoffmann-La Roche Limited in the amount of $239,800.10 as at July 6, 2017, plus investment earnings thereon to the date of payment.
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 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 Plan to Hoffmann-La Roche Limited, in the amount of $239,800.10 as at July 6, 2017, plus investment earnings thereon to the date of payment.
DATED at Toronto, Ontario, this 11th day of March, 2019.
Original signed by
Gino Marandola
Director, Pension Plans Branch
by delegated authority from the
Superintendent
of Financial Services
© Queen's Printer for Ontario, 2019