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Alberta To Require Funding Of LTD Benefits
Recent events have highlighted the risks associated with self-insured Long Term Disability (LTD) benefits. For example, the media provided extensive coverage when disabled Eaton's employees stopped receiving LTD benefits from a self-insured plan because the company declared bankruptcy.Divisional Court Restores Superintendent’s Decision In Monsanto:
In a brief, unanimous decision released March 19, 20011, the Ontario Divisional Court2 overturned the Ontario Financial Services Tribunal’s (OFST) order dated April 14, 2000, and restored the Superintendent’s original decision rejecting Monsanto’s partial wind-up report.
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