YWG Finance Pension Seminars

PENSION SEMINARS – YWG FINANCE

Pension seminars are scheduled for all interested IAMAW Members employed by Air Canada.  The seminars will deal with the Air Canada Defined Benefit and MEPP pension plans for both ex-Cail and original Air Canada members

During the seminars we will explain the rules of the pension plans, the available pension options for retirement and termination as well as Air Canada’s post-retirement extended health and insurance benefits


The Canada Pension Plan, Old Age Security Retirement benefits will also be explained.  There will be an opportunity for individuals to ask questions, and we will endeavor to provide answers for all.  The seminars will run approximately 3 hours depending on the number of questions

Date:  Monday September 25 2023  –  Defined Benefit Plan
Time:  16:00

Date:  Tuesday September 26 2023 – MEPP
Time:  08:00

Location:  LL2603 Cafeteria
                Air Canada Building – 355 Portage Avenue

Parking:  Indigo behind the building or
               Portage Place Underground

All Members and spouses are welcome to attend.  Please register as soon as possible so we have enough handouts, coffee and snacks. Please provide your name, phone number and/or email contact and indicate which seminar you would like to attend.  Also, please be advised that attendance will be on your own time and will not be at the company expense.



RSVP
Myranda:  LL2603 Pension Rep:  easygreencleaning@gmail.com
or
Jordan:  LL2603 Shop Chair: iam2603@mts.net

Similar Posts

  • | |

    Join Us!

    Looking for members to join us in the following committees: Political Action Committee Women/ Human Rights Committee Communicator: As a communicator, you will be responsible for using the latest forms of information technology to communicate with our LL about their work and family lives. Educator: As an Educator, you will be responsible for assisting in…

  • |

    EFAP UPDATE FOR IAMAW MEMBERS

    Dear Sisters and Brothers,
    On April 28, 2022, PDGC Dave Flowers and I met with Air Canada regarding EAP Funding. Due to a change made by the Government of Canada, Air Canada and the IAMAW no longer qualify for the Government’s Employee Insurance Reduction Plan. The EI Reduction plan has funded the EFAP for the past 20 years.
    Before January of 2021, companies applying for the EI Reduction required a Short-Term Disability plan (STD) that commenced after the fourteenth day of leave. The Government changed the eligibility to those companies with STD programs that begin after the seventh day. For this reason, the EFAP did not receive funding for the 2021 year.
    For many years, our members have enjoyed the comfort of chatting to a peer for assistance with their concerns. Sometimes this was a need to vent about the work environment. Other members’ needs were far more intricate and required the help of a professional. The EFAP has helped our members at all hours without fail, and the team of caring individuals wants to continue to support our friends and colleagues. Currently, there is enough funding to continue our EFAP work. However, our program will terminate early next year without additional EI Reduction monies. I have met with the Negotiations Committee about their thoughts on bargaining to change our current STD to the required seven days. I didn’t receive any indication if the committee would pursue this line of negotiation or not. Also, I am not sure that Air Canada will want to negotiate this item.
    Air Canada has offered to add IAMAW members to the company-funded EAP they use. The program consists of LifeWorks and Maple’s online app. LifeWorks is an equal program to Homewood, and Maple is essentially a 24/7 online medical walk-in clinic. We are unaware if the union members you know, and trust, will have a role in this program. Given our forty-plus years of working with our members, I believe our program exceeds anything the company can offer.
    I realize this bulletin may generate many questions. Questions that we may not have the answers to right now. I will continue to update as I have more information. Today, we are business as usual, and your EFAP is still available to you for the foreseeable future.
    In Solidarity,
    Derrick Bashford
    National EFAP Coordinator Transportation District 140, IAMAW

  • Bulletin # 039 – Air Canada – Vaccine Policy Grievance Update – November 2022

    Dear Brothers and Sisters,

    Please be advised that Arbitrator Ready has offered the Union and the Company two (2) dates, which
    both parties and our legal teams have agreed to. The next date that the National Vaccine Policy
    Grievance Arbitration will be heard is Monday, December 12, 2022 and Tuesday, December 20,
    2022.

  • | |

    AIR CANADA NATIONAL GRIEVANCE VACCINE POLICY BULLETIN #028

    Dear Sisters and Brothers,
    Further to Bulletin No. 022 dated June 1st, the National Vaccine Policy grievance hearing commenced on July 19th, in front of Arbitrator Vince Ready. Both parties were represented by their respective legal counsel and the Committee of General Chairpersons was in attendance.
    As this is a complex and multi-faceted issue, much of the first day was spent in mediation and dealing with preliminary objections. Please be advised that by direction of the Arbitrator these mediation discussions are strictly confidential.