| File Type: | Pension |
|---|---|
| File Number: | P0277-2006 |
| File Name: | The Great Atlantic & Pacific Company of Canada |
| Act: | Pension Benefits Act |
| Plan Name: | Retirement Plan for Full Time Retail Store Employees of The Great Atlantic & Pacific Company of Canada, Limited who are Members of Local 414 of Retail Wholesale Canada/CAW Division |
| Applicant: | The Great Atlantic & Pacific Company of Canada, Counsel: J. David Vincent, Ogilvey Renault LLP |
| Respondent: | Superintendent of Financial Services, Counsel: Mark Bailey |
| Party: |
CAW Local 414, Counsel: Hugh O'Reilly, Cavalluzzo Hayes Shilton McIntyre & Cornish LLP |
| Panel: |
John Solursh, Chair, Heather Gavin, Martin Brown |
| Hearing Date Information: |
04/28/2008 (Hearing cont'd); 12/21/2007 (Hearing); 12/05/2007 (Pre-Hearing Conference Cont'd) adjourned; 10/02/2007 (Pre-Hearing Conference) |
| Next Appearance Date: | |
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File Summary: (Go to latest update) |
On June 13, 2006, the Great Atlantic & Pacific Company of Canada (the "Applicant”) requested a hearing with respect to a Notice of Proposal of the Deputy Superintendent, Pensions, dated May 12, 2006, proposing to make:
From the inception of the Plan until 2002, the Plan apparently limited membership to full time employees, but pursuant to the terms of a collective agreement dated January 2002, pension benefits were to be provided to part time employees in respect of employment on or after March 1, 2002. The Deputy Superintendent asserts that the Applicant has not filed any Plan amendments associated with the 2002 collective agreement, has not provided any information as to the benefits offered to part time employees or established the reasonable equivalence of any such benefits to benefits provided to full time employees. On June 27, 2006, an application for party status, in this matter, was filed by the CAW. On June 29, 2006, the Applicant advised the Tribunal that the parties were close to a settlement and requested that the scheduling of a pre-hearing conference be put on hold. Updated to August 21, 2006 On March 16, 2007, the Applicant advised the Tribunal that the Applicant and the CAW continue to be engaged in settlement discussions. Updated to April 2, 2007 On July 13, 2007, the Applicant requested that a pre-hearing conference be scheduled. The pre-hearing is scheduled for October 2, 2007. Updated to July 20, 2007 The pre-hearing conference was held on October 2, 2007, at which time party status was granted to the CAW. The parties advised the Tribunal that a settlement was reached between the Applicant and the CAW relating to the issues raised in the Notice of Proposal and that the Superintendent agreed to the settlement in principle. The parties indicated their intention to seek the approval of the Tribunal as to the terms of the settlement and have the settlement incorporated into an order of the Tribunal. The hearing is scheduled for December 21, 2007. Updated to October 19, 2007 At the hearing on December 21, 2007, the Tribunal reserved its decision. Updated to January 21, 2008 On January 24, 2008, the Tribunal sought further clarification from the parties regarding access to information by the Trustees from the Canada Revenue Agency (“CRA”) and/or the possibility of other relevant regulators or public authorities which might assist former part time employees to provide satisfactory evidence of their part time employment and related compensation for purposes of the plan to potentially qualify for coverage under the proposed settlement, who the Union indicated it was not representing at the hearing and in the negotiations that led to the settlement,. On April 28, 2008, the Tribunal will hear submissions from the parties on the matter. Updated to March 25, 2008 At a resumption of the hearing on April 28, 2008 the Tribunal heard submissions from the parties regarding access to information by the Trustees from the CRA which might assist former part time employees to provide satisfactory evidence of their part time employment and compensation, for purposes of the plan to potentially qualify for coverage under the proposed settlement. The Tribunal also sought clarification from the parties of the form of publishing notice of the approval of the settlement to alert potential claimants. The Tribunal reserved its decision pending further submissions from the parties on the form of publication of the notice of the approved settlement. Updated to May 9, 2008 On June 4, 2008, the Tribunal issued its Order. |
| Additional Notes: |


