It’s important for insurers and plan sponsors to address the possibility of mental distress before curtailing any type of benefits from a plan member. In Fidler v. Sun Life Assurance Co. of Canada, the plaintiff, Connie Fidler, was diagnosed with fibromyalgia and chronic fatigue syndrome, and in 1991, began receiving long-term benefits from her insurer, […]
A month after its decision in Concordia University, the Supreme Court of Canada released its second pension-related decision in Buschau v. Rogers Communications Incorporated (“RCI”). In Buschau, the Court considered whether the members of the Premier Plan (a closed plan)could terminate the plan and trust, and trigger a distribution of surplus, under the common […]
© Copyright 2006 Rogers Publishing Ltd. The following article first appeared in the October 2005 edition of BENEFITS CANADA magazine. The Law: A world of concerns The ACPM’s defined benefit recommendations cater to one group: actuaries. Shouldn’t plan members have a voice? By Murray Gold THE ASSOCIATION OF CANADIAN PENSION MANAGEMENT(ACPM)has once again ventured […]
LITIGATION HAS COME TO THE DEFINED CONTRIBUTION(DC)world in the form of a case that is currently pending before the divisional court in Ontario. The case is Nolan et al v. Superintendent of Financial Services and Kerry (Canada)Inc., in which surplus from a defined benefit(DB) plan was used to fund a new DC plan. A SIMPLE […]