• In August 1998, CBS Corporation (formerly Westinghouse Electric Corporation) sold its worldwide Power Generation business unit to Siemens.
  • In Canada, the Power Generation business consisted of the Hamilton turbine and generator business, and the electrical service business.
  • Siemens assumed the pension obligations for all employees, past and present, of the Power Generation businesses.
  • All other activities of the former Westinghouse Canada Inc. were transferred to CBS Canada, including the pension obligations not assumed by Siemens.
  • Westinghouse Pension Services provides administrative services to CBS Canada and its pension plan members.