The applicants sought judicial review of a policy decision by the Ontario Municipal Employees Retirement Board (OMERS) which directed that amounts paid to firefighters in lieu of paid statutory holidays are not to be included in 'contributory earnings' for pension purposes.
OMERS took the position that such payments constituted 'overtime', which is excluded from contributory earnings under the applicable regulation.
The Divisional Court applied a standard of reasonableness and found that OMERS's interpretation of the term 'overtime' was reasonable, as it fell within the Board's expertise in managing and administering the pension fund.
The application for judicial review was dismissed.