Interpretation
 2. (1) In this Regulation, “adjusted solvency assets” has the meaning set out in subsection (3); “adjusted solvency deficiency” has the meaning set out in subsection (4); “allocation process” means the process set out in this Regulation for determining the proportion of the contributions described in sections 13 to 18 that is to be set out in the report described in subsection 20 (4) and annual reports for each of the main pension plans and allocated accordingly; “employer” means Stelco Inc.; “General Regulation” means Regulation 909 of the Revised Regulations of Ontario, 1990 (General) made under the Act; “initial solvency deficiency” means, in relation to a pension plan, the amount, if any, by which the solvency liabilities of the plan exceed the adjusted solvency assets of the plan as set out in the initial valuation report required by section 20; “initial valuation report” means, in relation to a pension plan, the initial valuation report required to be filed under subsection 20 (1); “initial wind up ratio” means, in relation to a pension plan, the initial wind up ratio as set out in the report required to be filed under subsection 20 (4); “main pension plans” means, subject to section 4, the following pension plans: 1. The pension plan known as the Stelco Inc. Retirement Plan for USW Local 8782 Members at Lake Erie Works, registered under the Act as number 0698761 and referred to in this Regulation as the Lake Erie Bargaining Unit Plan. 2. The pension plan known as the Stelco Inc. Retirement Plan for Salaried Employees at Lake Erie Works, registered under the Act as number 0698753 and referred to in this Regulation as the Lake Erie Salaried Plan. 3. The pension plan known as the Stelco Inc. Retirement Plan for USW Local 1005 Members at Hamilton Works, registered under the Act as number 0354878 and referred to in this Regulation as the Hamilton Bargaining Unit Plan. 4. The pension plan known as the Stelco Inc. Retirement Plan for Salaried Employees at Hamilton Works, registered under the Act as number 0338509 and referred to in this Regulation as the Hamilton Salaried Plan. 5. The pension plan known as the Stelco Inc. Retirement Plan for Employees at the Pickle Line Department of Lake Erie Works, registered under the Act as number 1206457 and referred to in this Regulation as the Pickle Line Plan; “new pension plans” means, subject to section 3, pension plans established by the employer to be successor pension plans to one or more of the main pension plans to provide pension benefits, for service on and after January 1, 2018, to individuals who are represented by a trade union and are active members of the Lake Erie Bargaining Unit Plan, the Hamilton Bargaining Unit Plan or the Pickle Line Plan on December 31, 2017; “plan implementation date” means the date on which the plan of arrangement under the Companies’ Creditors Arrangement Act (Canada) proposed by U.S. Steel Canada Inc. to emerge from creditor protection as a going concern has been implemented, which date will be referenced in a certificate of the monitor filed with the Ontario Superior Court of Justice; “wind up ratio” means, in relation to a main pension plan, the ratio of the adjusted solvency assets of the plan to the plan’s solvency liabilities as determined in a report required under this Regulation. (2) Expressions in this Regulation have the same meaning as in the General Regulation, except where otherwise indicated. (3) The adjusted solvency assets of a main pension plan as of a particular valuation date is the amount of the solvency assets of the plan excluding, (a) any estimated wind up expenses; (b) any contingent assets, such as the special partnership interest and any interest in, or amounts payable from, any trust established on the plan implementation date; and (c) any accrued or receivable contributions not yet received as of the filing date of the valuation report with respect to the valuation date. (4) The adjusted solvency deficiency of a main pension plan as of a particular valuation date or other specified date is the amount, if any, by which the solvency liabilities exceed the adjusted solvency assets of the pension plan. (5) For the purposes of this Regulation, benefit improvements are made under a pension plan if, (a) an amendment to the plan affects the pensions, pension benefits or ancillary benefits provided by the plan and increases the amount of the normal cost, the going concern liabilities or the solvency liabilities of the plan; and (b) the amendment is filed on or after June 30, 2017.