This class proceeding concerns the improper charging of administrator expenses to a pension plan.
The Claim alleges that the administrator of the Bank of Canada Pension Plan misused approximately $12 Million of the assets of the pension trust since at least 1993, by using these amounts to cover expenses and costs to administer the Plan.
The class which is sought to be represented in this class proceeding would include persons who, after January 1, 1993, were members, former members, annuitants, spouses and other beneficiaries of the Bank of Canada Pension Plan.
Further information may be available at the Bank of Canada Pensioners’ Association’s website: www.bcpa.ca
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