The union representing more than 200 employees at Arconic Corp. in Lethbridge, Alta. has ratified a four-year collective agreement that protects the defined benefit pension plan currently in place. “Local 99 members showed great commitment to fairness in the face of [threats to] their pension plan,” said Justin Araki, Local 99 president, in a press […]
The union representing nearly 800 employees at Calgary and Vancouver airports has ratified a first contract that includes retirement and benefits gains. The contract cements the continuation of the airline’s employee savings plan, which permits contributions to either a cash savings plan, a group registered retirement savings plan or a group tax-free savings account. Employee contributions […]
Roughly 2,000 Unifor members at eight Ontario casinos have voted to strike if new pension and benefits agreements can’t be negotiated by midnight on July 22. The union is also seeking to increase in the amount of stable jobs by converting part-time or casual positions into full-time jobs, according to a press release. Read: Pensions, retirement security […]
The union representing 60 employees at the Hilton Garden Inn in Ajax, Ont. has ratified a three-year agreement that includes retirement and benefits gains. The agreement establishes a new group retirement program and adds a fifth week of vacation for members upon reaching 20 years of service. It also includes increases in dental and vision coverage […]
The union representing more than 300 employees at HBC Logistics Ltd. warehouses in Scarborough, Ont. has ratified a three-year agreement that includes benefits gains. The new agreement maintains the employee contribution to the health benefits plan at its 2017 rate. Some 80 per cent of members of Unifor Local 40 voted to accept the new […]
The union representing roughly 60 employees at Kleenzone Ltd. in Toronto has ratified a four-year agreement that includes enhanced bereavement leave. The agreement increases bereavement leave from one day to five for employees grieving the loss of a grandchild, mother in law or father in law. It also provides one day of bereavement leave for […]
The union representing roughly 100 employees at Pilkington Glass in Whitby, Ont. has ratified a three-year agreement that includes benefits and pension gains. Members of Unifor Local 222 voted 84 per cent in favour of ratifying the agreement, which includes a short-term disability weekly benefit of $400 and two paid personal emergency leave days per […]
An article on Stelco Inc.’s $1.3 billion annuity buy-in for one of its defined benefit pension plans was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Stelco entering $1.3BN annuity buy-in for DB pension 2. KPMG allowing employees to work remotely from another province, country […]
Diversity, equity and inclusion initiatives aren’t a new concept for employers — just ask any human resources professional. However, in a changing world marked by growing calls for social justice, many plan sponsors are extending these initiatives beyond workplace conduct and employee benefits into retirement planning, merging diversity with their pension plans’ designs and communications […]
The union representing Pacific Western Transit Canada workers in Pemberton, Squamish and Whistler, B.C., has ratified a five-year collective agreement that will see members move to the Colleges of Applied Arts and Technology pension plan’s DBplus. Members will contribute three per cent to the plan with an equivalent employer match, says Gavin Davies, a national […]