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District 140 | Bulletin 016 Air Canada Off-Duty Status (ODS) Pension Buyback Q&A
Dear Brothers & Sisters:Below is an Off-Duty Status (ODS) Pension Buyback Q&A: Q1: How will the assumed pensionable earnings used to determine the amount of required pension contributions be calculated? A: Assumed pensionable earnings during ODS will be based on the compensation rate (wage) that the member earned in the pay period immediately prior to…
District 140| Bulletin 21 CANADA EMERGENCY WAGE SUBSIDY (CEWS)
Dear Brothers & Sisters: The IAMAW along with the other Air Canada Unions entered into a Canadian Emergency Wage Subsidy (CEWS) arrangement with Air Canada. This new arrangement brings members on Off-Duty Status (ODS), or who were laid off after March 15, 2020, back onto the Air Canada payroll. Members will have the option of…
