SCDSB Insurance Trust

Wind up of Simcoe County District School Board Insurance Trust

October 13, 2009 Between 1969 and 2007, certain employees of the Simcoe County District School Board received benefits administered pursuant to an Insurance Trust sponsored by the Simcoe County District School Board and certain employee representative groups, including OPSEU. These parties to the Insurance Trust have commenced an Application with the Superior Court of Justice to approve the wind up of the Insurance Trust and subsequent distribution of the remaining assets. The proposed distribution is based on the agreed terms of the Insurance Trust, to the Parties to the Trust (namely, the unions and the School Board). As part of the court process to wind-up the trust and distribute the assets, the court ordered that a Notice for Publication be posted on each party's website.

Wind up of SCDSB Insurance Trust.