Thursday, 21 November 2024

Pensions

Danny Cavanagh: The Sears debacle shows it’s time to protect workers’ pensions from legal corporate theft

NS Federation of Labour president Danny Cavanagh, on the terrible injustice done to loyal Sears workers when the company folded. They’re not the first to lose pensions and benefits, writes Danny, but maybe we can make sure they’re the last. “Workers fulfil their obligations at their jobs and expect the company they worked for to do the same. That doesn’t seem like a lot to ask. It is really about fairness for workers.”

Open letter to Nova Scotians re East Coast Credit Union

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“The fact is this is not about risk, it is about ideology. The credit union has chosen to jump on the dump-DB-pension-plan bandwagon. The action by the employer completely fails to recognize the years and years that employees either took concessions or accepted less in order to maintain a decent pension plan and each time they showed their ability to work with the employer.”

Halifax outside workers rally at City Hall in defense of their pensions

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Halifax City outside workers, members of CUPE Local 108, rallied in front of City Hall to tell the city to get back to the bargaining table, revoke a lock-out notice, and stop chipping away at their pensions. Current city proposals dealing with workers’ pensions are simply unacceptable, the union says.