BCE Pension Surplus – 11
June 27, 2011
This summer, eligible members will be receiving an information package describing the details of a proposal to share and distribute the Ontario portion of the surplus in the BCE Pension Plan attributable to three partial wind ups, effective December 31, 1993, October 15, 1996 / April 1998, and December 31, 1999 (the “Proposal”). The information package will include a detailed description of the Proposal, a recommendation from the BCE Ontario Employees’ Pension Surplus Committee (the “Committee”), as well as a personal information statement and a decision form. Eligible members will also be invited to vote on the Proposal.
In addition to the materials contained in this package, eligible members will be invited to attend meetings where they will be provided with an opportunity to ask questions of the Company and the Committee as well as their respective advisors regarding the terms of the Proposal. The dates and locations of the meetings will be included in the information packages. Eligible members are encouraged to attend these meetings and review the materials sent to them.
We are targeting the mailing of the information packages in late summer, with meetings to follow in October. We will provide an update on this website when the information packages have been mailed.