October 30, 2015

OSFI’s Answer

Almost one year ago, we communicated with you about the joint approach by NAV Canada and its unions to the Office of the Superintendent of Financial Institutions (OSFI).

Our question to OSFI was: “How would you respond to a formal proposal to eliminate guaranteed CPI indexing in the very unlikely event that the NAV Canada pension plan (NCPP) were to be terminated in the future?”

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