November 25, 2011
In late September, eligible members were mailed an information package concerning the BCE surplus sharing proposal covering the pension plan’s 1993, 1996 and 1999 partial wind ups. In late October, we held three information meetings, in Toronto and Ottawa.
We are pleased to report that as of November 25, the Proposal is supported by over 95% of the 1993 PWU group, 58% of the 1996 PWU group and 67% of the 1999 PWU group. In order for the Proposal to proceed, there must be two-thirds (66.7%) support from each of these groups. We are receiving more forms on a daily basis, and we are hopeful that we will reach the support threshold soon.
Members of the Surplus Sharing Group who have not yet submitted their Authorization and Retainer Forms (Form E) are encouraged to do so as soon as possible. If you have not received your information package, please contact Koskie Minsky LLP at its toll free number, 1-800-451-3225 or by email at BCEsurplus@kmlaw.ca.
Should you have any questions relating to the surplus sharing proposal please contact Koskie Minsky LLP, toll-free 1-800-451-3225 or email BCEsurplus@kmlaw.ca. For questions about your pension please contact BCE Pension Services Call Centre: firstname.lastname@example.org or by fax at (514) 766-0896.