By Tony Leah There are two important resolutions submitted to the Unifor Constitutional Convention being held in Toronto from August 8-12. One calls for Unifor to fight for Equal Wages and Pensions (R-13), and the other calls for Improved Pensions Now (R-14). Can the companies afford this? The figures here are from General Motors, but Continue readingCan GM afford Equal Pay and Increased Pensions?
By Tony Leah Pensions for retirees from GM, Ford and Chrysler/Stellantis were last increased in December 2007. There have been zero increases in the past 14 years. There will be no increases in the next two years. The CAW/Unifor agreed to 5 contracts in a row with no increases for past, present or future retirees. Continue readingAuto retirees fall behind as two-tier “cancer” spreads
By Haseena Manek The Ontario Municipal Employee Retirement System (OMERS) Sponsors Corporation Board of Directors will be voting on whether or not to scrap guaranteed indexing for members in favour of a proposal they call “Shared Risk,” on June 24. OMERS is a defined benefit plan for about half a million municipal workers in Ontario, Continue readingShared Risk? OMERS indexing dispute fits pattern of attacks