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Canada Thursday, August 24, 2017

Nortel Pension Plan Windup


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Nortel Negotiated Pension Plan Windup


Nortel Networks

new 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

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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 Our Nortel Pension Calculator
This pension calculator is for illustration purposes only and contains general information. These results are based on the data you have entered and is to be used for estimate purposes only.

We are introducing this new online annuity calculator as a valuable online tool which makes it easy for you to estimate the income you can expect if you purchase a life annuity from a given Canadian annuity company. It gives you figures and general information about your potential income.

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