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Local 2603 / 714 PENSION SEMINARS 

Pension seminars are scheduled for all interested IAMAW Members employed by Air Canada.  The seminars will cover the Air Canada Defined Benefit and MEPP pension plans for Air Canada IAM members.

The seminars 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.  

Date:  Wednesday November 19 2025  –  M.E.P.P.
Time:  12:00 (noon) – 12:40

Date:  Wednesday November 19 2025  – Defined Benefit Pension Plan 
Time:  17:00

Location:  LL2603 Cafeteria – Air Canada Building – 355 Portage Avenue

Parking:  Indigo behind the building or Limited Street Parking               

All Members and spouses are welcome to attend.  Please register as soon as possible so we have enough hand outs, coffee and snacks. Please see the poster and scan the QR code to register.  

* Attendance is on your own time.

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    Earlier today, Air Canada informed the Union that, given the difficulty in hiring and retaining new staff in the Winnipeg Finance Branch, as per Article 5.02 of the CBA, they will be increasing the starting wage of new hires and current employees who are below step 5 to step 5 of the 2022 IFA wage scale. Please see below excerpt from the CBA.

    5.02 The Company, at its discretion, may commence a newly hired permanent or temporary-term employee at any published rate within the wage scale of the classification into which the employee was hired, but not in excess of the maximum published rate of the classification.

    As we are in agreement with members receiving higher wages, this will only impact members currently below a step 5 and new hires. This move will not impact any other current members financially; however, we are hopeful that this will help the company attract and hire new members and finally start to ease the workloads for all members. This was the sole decision of company to make this call, we have no control over this decision. Recent benchmarking against other companies in the Winnipeg area showed that Air Canada’s starting wages are no longer competitive. While we understand not everyone will be in agreement with this move by the company, the Collective Agreement does allow for it. Rest assured your Union will be seeking competitive wage increases across the board when the contract expires in 2026.

    In Solidarity,

    Jordan Strang
    Shop Committee Chairperson

    IAMAW LL2603

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