On May 28, 2013, during the Canadian Pension & Benefits Institute annual FORUM gala dinner cruise, Kevin Press, Past Chair of the CPBI National Board of Directors and Chair of the CPBI Recognition Committee, introduced the first two inductees of the CPBI Hall Of Fame.

Lawrence (Larry) Baldwin and Laurence Coward are the first inductees into the CPBI Hall Of Fame. In his speech, Mr. Press, presented the two inductees as industry pioneers and founding members of the Canadian Pension Conference, which later became the Canadian Pension & Benefits Institute.

Larry Baldwin was a member of the CPBI from 1960 to 1966 and served as a panelist on Equity Investments at the 9th Meeting of the Canadian Pension Conference in 1963.  He also chaired the 17th Meeting of the Canadian Pension Conference in 1964. Mr Baldwin was the author of two books, A Study of Canadian Pension Plans and Profit Sharing Plans in Canada.

Laurence Coward was a member of the CPBI since 1960 and was awarded a lifetime membership after serving as President of the CPBI from 1963-1965.  He also served as a panelist on Pension Benefits at the 25th Meeting of the Canadian Pension Conference in 1966 as well as chaired the 28th Meeting of the Canadian Pension Conference in 1967.  In 1994, Mr. Coward was commissioned to write the history of the CPBI as a means of commemorating thirty-five years of successful operations.

In her letter to the CPBI, Mrs Baldwin who could not be present for the celebration, remembers how both men remained friends over the years and often talked of how interesting and satisfying those early years had been and were glad they had made the commitment that they made to the Institute.