Pension Updates

Pension Update – June 2022

Previous Defined Benefit (DB) Pension plan has been frozen and a new Defined Contribution (DC) Plan has been created going forward. For more information, please contact the Union Executive Committee.

Pension Update – October 2021

Your Union believes the current company pension change is a violation to our current Collective Bargaining Agreement in effect till March 6th, 2024.
Currently the Union is challenging this proposed change to our Pension Plan through both the Ontario Labour Resource Board and the CBA grievance arbitration process.

With that said, your Union recommends members attending the forthcoming company information sessions for information / educational purposes only.

Thank you for your patience and support in this matter,
Yours in solidarity, Lorne Rueckwald, President LL1542 and Gary Hynes, IAMAW Grand Lodge Representative

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