National Trust – 8
June 1, 2010
The benefit election mailing to those Plan members with pension benefits still in the Plan is now complete.
On March 18, 2010, National Trust filed the application for surplus withdrawal with the Ontario Superintendent of Financial Services. We are now awaiting approval, following which members will receive their payment of surplus in accordance with the Surplus Sharing Agreement.
Members of the surplus sharing group will be receiving a package in the next month or so, from National Trust, providing an estimate of their surplus share, and requesting that they make an election as to how they wish to receive their share.
Members who have questions regarding the wind-up of the Plan can consult the document prepared by National Trust, under the “Documents” link below, entitled “Frequently Asked Questions Regarding the Wind-up of the National Trust Plan.”