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- Title
Court Grants Rectification to Plan Administrator.
- Authors
Guindon, Anthony
- Abstract
The article discusses the ruling of the Superior Court of Justice in the case MTD Products Ltd. v. Baldwin wherein it granted rectification of an amendment to the defined benefit pension plan registered with the Financial Services Commission of Ontario (FSCO). The court found that the amendment applied only to one single, long-service employee. Following a review of the evidence presented to the court, it held that MTD Products had no intention to provide unreduced early retirement benefits to all plan members.
- Subjects
ONTARIO; LEGAL judgments; LAW reform; DEFINED benefit pension plan laws; ONTARIO. Financial Services Commission
- Publication
Canadian Benefits & Compensation Digest, 2010, Vol 28, Issue 6, p8
- ISSN
1552-4744
- Publication type
Article