At retirement, a plan provides a benefit composed of a "regular payment" and a "special payment". The "special payment" is based on vacation pay and the "regular payment" is based on a standard benefit formula. At commencement, the "special payment" is made in lieu of the first 3 months of "regular payment" (this plan has many of the same characteristics you would find in a steelworkers plan).

My question - would this benefit form (it is not an option) be subject to review for early application (October 1, 2004) of the Relative Value Regulations?

Thanks