September 29, 2011
We are pleased to advise that all eligible members can expect to receive an information package in the mail in the coming days describing the details of a proposal to share and distribute the Ontario portion of the surplus in the BCE Inc. Pension Plan attributable to three partial wind ups of the plan, effective December 31, 1993, October 15, 1996 / April 1998, and December 31, 1999 (the “Proposal”). This Proposal has been reached between BCE and the BCE Ontario Employees’ Pension Surplus Committee (the “Member Committee”), with the assistance of professional advisors.
The information package will include a detailed description of the Proposal, a recommendation from the Member Committee, a letter from BCE, a personal information statement, and an Authorization and Retainer form. You will be asked to vote on the Proposal by returning the Authorization and Retainer form to Koskie Minsky LLP in the self-addressed stamped envelope, provided in the information package. This document and the envelope are coloured orange.
As an eligible member, you will be invited to attend one of three meetings in Toronto (October 24 and 25) and Ottawa (October 27) where you will be provided with an opportunity to ask questions about the Proposal from BCE and the Member Committee and their professional advisors. The times and locations of the meetings will be included in the information package. You are encouraged to carefully review the materials in the information package, and attend a meeting.
Eligible members who do not receive the information package referred to above by Friday, October 7, 2011 should contact Koskie Minsky LLP at its toll-free number, 1-800-451-3225, or by email at BCEsurplus@kmlaw.ca.