Central Council approves pension contribution increase
September 29, 2009 at 1:43 AM
On November 13, the Executive Policy Committee (EPC) of Council concurred in the recommendation to increase employer contributions to the Winnipeg Civic Employees Benefits Program for the pension and disability plans from the current 6.7% to 8% effective January 1, 2010.
The Local made a presentation in support of the proposed contribution increase.
Our pension plan is very important to all of our current members and to our retirees. The proposed rate increase still requires City Council approval. The next meeting is scheduled for Wednesday, November 25, 2009.
The Local will continue to keep the members advised of any updates regarding the pension plan.
