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NHL News
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Written by Maury Brown
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Friday, 12 September 2008 04:08 |
 The NHL Players Association (NHLPA) announced Thursday that they have filed an application in the Ontario Superior Court of Justice regarding how the NHL Players’ Pension Plan is interpreted. The NHLPA takes issue with how death benefit for players with service in the Plan prior to July 1, 1986 (and for certain NHL employees with service prior to July 1, 1994) are being calculated. The NHLPA announced today through a statement that they became aware of the issue in 2008 after “the representative of Brad Park and another former player brought this to the attention of the National Hockey League Pension Society which administers the plan for the Board.” The issue has been under review by both the player’s union and the league but could not be resolved. “This is an important matter as it affects the death benefit paid or payable in the future to former players’ families,” said Glenn Healy, NHLPA Director of Player Affairs. “This matter is too important to continue on without a resolution. The courts will resolve the matter more quickly and definitively than the arbitration process, and will provide the players and their beneficiaries more confidence that the correct result will be obtained.” The administration of the Pension Plan is the responsibility of the Board of Trustees of the plan, which is comprised of four Trustees appointed by the NHLPA and four Trustees appointed by the NHL. The NHLPA-appointed Trustees Paul Kelly (NHLPA Executive Director), Ian Penny (NHLPA General Counsel), Glenn Healy (NHLPA Director of Player Affairs) and Jamal Mayers (NHLPA Member) are the applicants to the court proceedings Source: NHLPA
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