1 SO THIS NEVER HAPPENS AGAIN IN CANADA TO ANY OF 1.1 MILLION CANADIANS NORTEL LONG TERM DISABLED FIGHTING FOR THEIR INSURANCE MONEY AND SURVIVAL SUPPORT BILL S-216 SO THIS NEVER HAPPENS AGAIN IN CANADA TO ANY OF 1.1 MILLION CANADIANS IN UNSAFE LONG TERM DISABILITY BENEFIT PLANS
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3 NORTEL FILES UNDER C.C.A.A. ON JANUARY 14, 2009
4 FINE PRINT STARTS IN 2005 "Did you know: Most of Nortel's Health & Group Benefits, including short-term disability, long-term disability, medical and dental/vision/hearing care, are self-insured. This means that Nortel plays a role similar to that of an insurance company for its employees.
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6 MARCH 31, 2010 SETTLEMENT AGREEMENT HOBSON’S CHOICE A Hobson's choice is a free choice in which only one option is offered. MEDICAL BENEFITS CUT OFF IN 6 WEEKS OR MEDICAL BENEFITS CUT OFF IN 9 MONTHS IN EXHANGE FOR NO LAWSUITS AGAINST NORTEL TRUST GOVERNANCE COMMITTEES THIRD PARTY TRUSTEES FIVE DAYS TO FIRST COURT OPPOSITION DEADLINE 24 HOURS TO SECOND COURT OPPOSITION DEADLINE COVER-UP OF REASONS FOR >$100 MILLION MISSING IN TRUST
7 CBC National News November 26, 2009 Alice Campbell Nortel LTD Passed Away April 2nd , 2010 "Quit being so greedy. You know. There's a lot of us people in the world. They want to have the whole world for themselves. These people get so greedy. But, they're taking their share and our share. It's not right!"
8 COMPLAINTS TO FEDERAL GOVERNMENT - SETTLEMENT OF DURESSApril 13th, 20th, and 22nd 2010 COMPLAINTS TO FEDERAL GOVERNMENT - SETTLEMENT OF DURESS
9 LONG TERM DISABILITY BENEFITS ARE A PEACE OF MIND CONTRACT FOR EVERONE IN THE DISABLED PERSON’S FAMILY
10 PUBLICLY DISCLOSED ON AUGUST 30, 2010TRUST ACCOUNT $32 MILLION TAKEN OUT IN 2005 AND 2006 FOR PENSIONERS’ MEDICINES AND EMPLOYEES’ MEDICINES AND LIFE INSURANCE PUBLICLY DISCLOSED ON AUGUST 30, 2010 Had Trust Account Not Been Drained
11 $27 MILLION LOAN TO NORTEL WRITTEN OFF IN 2009PUBLICLY DISCLOSED LOAN ON FEBRUARY 18, 2010 LOAN WRITTEN-OFF ON AUGUST 30, 2010
12 PUBLICLY DISCLOSED ON AUGUST 30, 2010TRUST ACCOUNT $44 MILLION PROPOSED PENSIONERS’ LIFE INSURANCE SETTLEMENT PUBLICLY DISCLOSED ON AUGUST 30, 2010
13 POVERTY AND HOMELESSNESSTRUST ACCOUNT POVERTY AND HOMELESSNESS
14 EMOTIONAL DISTRESS OVER EXTENDED PERIOD
15 “People have to know – they have to double-check if they have real insurance,” said Josee Marin, shown here last October. (CBC) More than a million Canadians are counting on disability insurance plans that don’t guarantee benefits if their employer goes bankrupt.
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17 EDITORIAL
18 CANADA NOT ENFORCING ITS LAWS ON TRUST ACCOUNTS FOR THE LONG TERM DISABLED DENYING LAWSUITS AGAINTS TRUST GOVERNANCE COMMITTEES AND THIRD PARTY TRUSTEES NOT ENFORCING COMMON LAW ON BREACH OF FIDUCIARY DUTIES NOT ENFORCING TRUST STATUTES READING NEW TERMS INTO HWT TRUSTEE AGREEMENTS TO ENABLE A SETTLEMENT FOR PENSIONERS’ FUTURE LIFE INSURANCE PREMIUMS NOT ENFORCING THE INCOME TAX ACT FOR HEALTH AND WELFARE TRUSTS IGNORING GENERALLY ACCEPTED ACTUARIAL PRINCIPLES AND PRACTICES NOT ENFORCING PROTECTIONS FOR TRUST ACCOUNTS IN CCAA AND BIA, WHERE THERE ARE MISAPPROPRIATIONS WHILE THE DEBTOR IS ACTING IN FIDUCIARY CAPACITY
19 CANADIANS SIGNED A UN CONVENTION TO PROTECT THE DISABLED, WE NEED TO FOLLOW THROUGH WITH BILL S-216.
20 B.C. HEALTH CARE BENEFIT TRUST HAS BECOME AN IDEAL IT CAN BE DONE RIGHT. B.C. HEALTH CARE BENEFIT TRUST HAS BECOME AN IDEAL FOR TREATING DISABLED PEOPLE WITH RESPECT
21 JOEL ROCHON SAKIE TAMBAKOS JOHN ARCHIBALD DIANE URQUHART JEREMY BELL JOANN WILLIAMS OUR HEROES! WITHOUT THESE EXPERTS MANY NORTEL DISABLED WILL BE LIVING IN CARDBOARD BOXES ON DEATH’S DOORSTEP.
22 SUPPORT BILL S-216 SO THIS NEVER HAPPENS AGAIN IN CANADA!