The results are in for the Pension Ratification vote. The Pension Settlement was ratified with 96.53% voting in favour. The link to the official results page from Big Pulse is below. Thank you to everyone for voting. Official Results Page Link
**Further to the email sent earlier today; please find below a French version of the PowerPoint Presentation** Please click on the link below to open up a PowerPoint Presentation with additional Pension Information. If you have any questions or need further clarification, please contact your RVP. Your RVP will contact the Bargaining Committee to address your question/concern. Thank you. Pension Settlement Presentation_FR_revised
Please click on the link below to open up a PowerPoint Presentation with additional Pension Information. If you have any questions or need further clarification, please contact your RVP. Your RVP will contact the Bargaining Committee to address your question/concern. Thank you. Pension Settlement Presentation
On Thursday September 13, COPE 491 joined CSU and the Employer at the table to ensure that all three Settlors could reach a settlement – the pension settlement was signed Friday afternoon. Here’s what the Pension Settlement entails: Retirees will receive a catch-up adjustment of their base pension to make up for the years without an indexing adjustment. A person that retired Jan 1, 2010 or earlier will see a base increase of 9.07 % (but they will not receive a retro payment). January 1, 2018, retirees get an indexing adjustment of 100% of CPI and a retroactive payment for the period from January 1, 2018 to the date of the adjustment. The conditions for the indexation benefit formula negotiated in 2007 have been replaced to improve the likelihood of…
Today your Bargaining Committee met jointly with the CSU Bargaining team to have a full discussion on pensions with the employer, along with CSU's actuary. The discussions were very productive and informative. The COPE Bargaining Committee will be meeting tomorrow to continue to prepare for our upcoming bargaining on October 2nd & 3rd. We are looking forward to continuing productive and positive negotiations with the employer. Updates will be provided as bargaining continues.
COPE Local 491 will be in bargaining Sept. 13th and 14th to discuss pension jointly with CSU. We will then be commencing our bargaining on October 2nd and 3rd to commence our bargaining. The Bargaining Committee will update members as information is available.
Bargaining Communique February 14, 2017 Bargaining Communique March 3, 2017 Pension Communique March 28, 2017 Bargaining Communique Pension Memo April 26, 2017 Pension Communique April 24, 2017 Pension Communique April 25, 2017 Pension Communique May 10, 2017