Hold on to that pension paperwork

Tribunal decision involving 30-year claim highlights importance of good records management
By Sarah Dobson
|Canadian HR Reporter|Last Updated: 01/13/2014

When it comes to pensions, proper administration and record-keeping are crucial — a point driven home by a recent decision involving a worker who filed a claim 30 years after he left the company.

Carl Hunte was employed by Crown Life Insurance Company (now Canada Life Assurance Company) from 1970 to 1982, though he left the company for a few weeks in 1975. Thirty years later, he claimed he was entitled to a deferred pension for those 12 years of service.

Hunte said he was a member of the defined benefit (DB) plan as of 1970, as part of routine processing for new employees, and he remained a member despite briefly working elsewhere. He also claimed he made basic pension contributions and additional voluntary contributions starting in 1972.