The Alberta Sheet Metal Workers' Pension Plan ("the Plan") was established in 1972 and is registered as a Collectively Bargained Multi-Employer Plan (CBMEP) under the Alberta Pension Benefits Act and the Canada Income Tax Act. The Plan is also classified as a Flat Defined Benefit Plan. In a defined benefit plan, benefits are determined by a formula that indicates the amount an employee will receive upon retirement. The amount the employer contributes is based on the number of hours worked by the employee at an hourly contribution rate as determined in the agreement signed between the employer and