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SERP Sample Response Letters

INDIVIDUALS WHO RECEIVED AND CASHED THEIR CHEQUE

Dear Sir/Madam:

I have received your letter of September xx, 2005 (“Partial Wind-up of the Canada Life Canadian Supplemental Pension Plan Important Notice to Members”) and, subsequently, your cheque as described therein.

This letter is your notice that, although I have cashed your cheque, I do not necessarily accept it as full settlement of my entitlement under the Canada Life Supplemental Pension Plan.  I intend to discuss this matter with professional advisors and I reserve the right to pursue additional consideration in respect of my entitlement.

Sincerely,

INDIVIDUALS WHOSE COMMUTED VALUE WAS ZERO (I.E. WHO DID NOT RECEIVE A CHEQUE)

Dear Sir/Madam:

I have received your letter of September xx, 2005 (“Partial Wind-up of the Canada Life Canadian Supplemental Pension Plan Important Notice to Members”).

This is your notice that I do not accept the treatment of my entitlement under the Canada Life Supplemental Pension Plan as outlined in your above-referenced letter.  I intend to discuss this matter with professional advisors and I reserve the right to pursue additional consideration in respect of my entitlement.

Sincerely

INDIVIDUALS WHO RECEIVED AND WHO WANT TO RETURN THEIR CHEQUE

Dear Sir/Madam:

I have received your letter of September xx, 2005 (“Partial Wind-up of the Canada Life Canadian Supplemental Pension Plan Important Notice to Members”) and, subsequently, your cheque as described therein.

I am returning your cheque (enclosed) and, with this letter, give you notice that I do not accept it as full settlement of my entitlement under the Canada Life Supplemental Pension Plan.  I intend to discuss this matter with professional advisors to determine the appropriate value of my entitlement.

Sincerely,

Page Last Revised

20 Feb 2006

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