Dan Seguin, Deputy Treasurer of Financial Accounting, City of Windsor
Mercer (Canada) Limited
Conclusion:
It is not uncommon for federally regulated plans, such as Transit Windsor’s Pension Plan, to experience funding deficits. This report transmits the actuarial valuation of the frozen Transit Windsor Pension Plan as at December 31, 2019, and provides information that no additional funding is required as the Letter of Credit already established will cover the required employer contribution.
Planning Act Matters:
N/A.
Approvals:
| Name | Title |
|---|---|
| Patrick Delmore | Executive Director, Transit Windsor |
| Mark Winterton | City Engineer Environmental- Corporate ProtectionLeader andInfrastructure Services |
| Joe Mancina | Chief Financial Officer – City Treasurer |
| Onorio Colucci | Chief Administrative Officer |
Notifications:
| Name | Address | |
Appendices:
1 Report on the Actuarial Valuation for Funding Purposes as at December 31, 2019