Court Approved Settlement — Calculation of Cost of Living Allowance Increases
During negotiations between the class and the federal government in 2013, class lawyers with McInnes Cooper identified that, in their opinion, the federal government did not properly calculate Cost of Living Allowance increases as required by the SISIP Long Term Disability Plan. It was agreed in the April 2013 settlement that the Cost of Living Allowance issue would be resolved at a later date, either by settlement or a Court decision.
The parties have now come to a settlement agreement on this issue. On July 2, 2014, the Federal Court has approved this settlement agreement.
The Notice of Settlement Approval – Cost of Living Allowance Issues can be viewed here.
The Court Decision and Order can be viewed here.
The settlement is over and above any benefits received by certain class members as a result of the April 2013 settlement, eliminating the Pension Act offset.
The settlement is over and above any benefits received by certain class members as a result of the April 2013 settlement, eliminating the Pension Act offset.
Undeliverable Settlement Packages
Since April 15, 2013, we have delivered settlement packages to over 8,000 class members. We have not been able to send a number of packages to some class members as we do not have their current contact information. If you have not received your settlement package to date, please review the list below to see if your name is on it. If so, please contact (902) 444-8417.
Undeliverable Packages