Human Resources Legislative Update
Algoma Steel Pension Plan Regulation Amended
Date: January 14, 2013
On January 11, 2013, the Ontario government filed O. Reg. 7/13, amending O. Reg. 202/02 “Algoma Steel Inc. Pension Plans” made under the Pension Benefits Act. The regulation is effective as of the date of filing. It makes a number of housekeeping amendments to O. Reg. 202/02 by changing the name “Algoma Steel Inc.” to “Essar Steel Algoma Inc.”, where applicable. It also adds a section regarding the deferral of certain special payments for a period of one year.