Message From The President Highlights It's A Defined Benefit Plan Sources Of Funding Buyer Beware Cost-Of-Living Adjustments Membership Benefit Changes Pension Commmittee Investment Committee Asset Mix Investments At December 31, 2000 Asset Types Investment Managers Custodian/Trustee Pension Plan Performance Financial Statements

You are in: The Plan : Publications : 2000 Annual Report : Buyer Beware   Buyer Beware When employees terminate their employment or retire, they are faced with the decision about whether to keep their pension funds inside the Pension Plan or transfer the funds to a locked-in RRSP. This is always a difficult decision to make, and one that should not be made without receiving some sound advice. It may or may not be in your best interests to transfer your money out of the MTS Pension Plan once you are no longer an active employee. Everyone’s situation is different. However, before making this decision, we strongly suggest that you seek advice not only from your financial representative but from someone knowledgeable about income taxes. You should also seek advice from family as well as other former co-workers who may have been through a similar situation. If you decide to transfer your pension funds out of the Plan, it is important that you be absolutely sure of your decision. Once the funds have been transferred out of the Plan, MTS and the MTS Pension Plan no longer guarantee or remain in any way responsible for your pension. Any financial losses that you might incur due to your or your financial adviser’s investment decisions are completely your responsibility. Copyright 2004. All rights reserved.