Michael Bale

The Canadian Broadcasting Corp. Pension Plan (CBC Pension Plan) is a Canadian pension fund manager headquartered in Ottawa, Ontario. The firm was founded in 1961 by the Canadian Broadcasting Corporation (CBC/Radio-Canada), pursuant to provisions of the Broadcasting Act. The CBC Pension Plan is primarily a contributory defined benefit pension plan covering the majority of employees of CBC/Radio-Canada. CBC/Radio-Canada is the plan sponsor and, as such, defines the pension benefits and establishes criteria for membership and entitlement to pension benefits. They are federally regulated and governed by the provisions of the Pension Benefits Standards Act and its Regulations thereof. CBC/Radio-Canada has transferred the responsibility for administering the CBC Pension Plan to the Board of Trustees through a Trust Deed.