Monday, 13 August 2007

From the President

For Clarification on Possible Negotiated Severances
Please be advised that Ron Buchhorn has assured us that if we have any members that are contemplating retiring but waiting to see if there will be any severances as a result our our talks, will be included in any offering as a result of coming to an agreement on the future of #4 PM.
For example:
If you are 60 years old, you are already entitled to bridging as per our collective agreement and the retiree benefits that go with that. Under this proposal you would be able to retire now or in the near future (depending on your birth date) and you would also receive contractual severance if and when that became available depending on the outcome of the talks. I hope this clears up any misunderstanding of Ron Buchhorn's proposal.

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