Class Action Update

After a hearing held July 9th, the Court approved the implementation plan proposed by class action counsel, including a retroactive payment to all class members and future entitlements, as well as the motions for approval of legal fees and other matters. The Court’s Reasons for Decision are available   here.

As noted in previous updates, pensioners do not need to take any steps to receive their payments. According to counsel, the retroactive, one-time payment is expected to be sent directly to all class members in October. All future pension benefits payments after that date will reflect the indexation increase of 2% for the 2017 year rather than 1%. 

It is worth mentioning that this Decision only applies to all Defined Benefits pensioners under the Bell Canada plan, thus not applicable to the pensioners under the other pension plans currently monitored by BPG (i.e. BCE, Bell Aliant & Télébec). As we are regularly in contact with Bell, more details on the implementation steps of that Decision will be published as soon as they are made available, so please stay tuned on our websites.

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