The Federal Superannuates National Association Kingston & District Branch, c/o Box 1172, Kingston, Ontario K7L 4Y8, Telephone 1-613-384-2440 .-. Click on a comment link to express your view on a post. Alert a friend, to a post, by clicking on its envelope icon.

Tuesday, February 02, 2010

Pension surplus court case – appeal to be heard in April

The Court of Appeal for Ontario has set the dates of April 19 to 21, 2010, to hear the appeal of the judgement rendered in November 2007 by the Ontario Superior Court of Justice. The 2007 judgment dismissed the actions challenging the pension surplus provision of Bill C-78 that allowed the federal government to take the $30 billion surplus accumulated in the superannuation accounts of the Canadian Forces, the public service, and the RCMP. The 17 plaintiffs involved in this case, of which FSNA, represented by the Executive director and the Senior research and Communications Officer, met on January 20 to discuss relevant strategies.