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Nortel Pension Calculator
UPDATE: Nortel Negotiated Pension Plan Windup
In one of the last updates, FSCO approved the final windup plan for the union (negotiated) Pension Plan #0587766. Morneau Shepell will commence mailing letters around November 16, 2015 apparently which will explain the status of the member.
Nortel Pension Plan Calculator
Instantly calculate your approximate annuity income online. To find out approximately how much Guaranteed Income For Life you could receive, simply use this easy annuity calculator. A precise quote from all the companies will be provided before you make a decision.
About The Nortel Pension Plan Windup
For approximately 20,000 Canadian pensioners and former employees of Nortel Networks the long wait is over and you can start to receive your monthly income from your Nortel Pension Plan. On May 12, 2015, the Ontario Superior Court released a decision requiring the allocation of assets from the sale of Nortel's business and intellectual property be distributed based on a pro rata approach for the Nortel Pension Plan Windup.
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About the Author
Phil Barker
Phil Barker is a leading expert on life annuities in Canada. LifeAnnuities.com has different financial products and has been a recognized authority since 1972.(888) 970-1470 | Book Meeting