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 EastGen (Western Ontario Breeders Inc.) Employees' Pension Plan, Registration Number 0203844 (the “Plan”).
TO:
EastGen Incorporated
7660 Mill Road, RR4
Guelph ON N1H 6J1
Attention:
Nellie Endeman
Finance Manager
Diane Green
Human Resources Manager
Applicant and Employer
AND TO:
Ayse Kavas
Mercer (Canada) Limited
120 Bremner Blvd., Suite 800
Toronto ON M5J 0A8
CONSENT
ON OR ABOUT December 18, 2018, the Superintendent of Financial Services issued a Notice of Intended Decision in respect of the EastGen (Western Ontario Breeders Inc.) Employees' Pension Plan, Registration Number 0203844, to consent, pursuant to section 62.1(5) of the PBA, to payment out of the Plan to EastGen Incorporated, in the amount of $75,191.48 as at April 30, 2018, 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 EastGen (Western Ontario Breeders Inc.) Employees' Pension Plan to EastGen Incorporated in the amount of $75,191.48 as at April 30, 2018, plus investment earnings thereon to the date of payment.
DATED at Toronto, Ontario, this 13th 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