Consider the following…

You are counsel to a private sector company with an Ontario-registered pension plan. Your company, and several of its senior management representatives, have been charged under the offence provisions of the Ontario Pension Benefits Act. They must appear before a justice of the peace, pursuant to provisions of the Ontario Provincial Offences Act. They could be fined several thousands of dollars, if found guilty. The charge is that the company failed to file on time the annual return regarding the pension plan. It’s always been the job of your company’s pension consultant to complete the annual return. For some reason it wasn’t filed on time, and reminder letters from the pension regulator were not treated seriously.

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