Category: Pensions and Benefits
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Liquor Board Employees Division Employee Assistance Program
LBED emergency fund for members The Liquor Board Employees Division has established a Divisional Emergency Fund (DEF) to provide assistance to members who are experiencing an immediate, severe and temporary situation due to an emergency. Financial assistance is based on need, duration and available funds. The Divisional Emergency Fund Policy More details here LBED EAP Committee…
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Pensions Protest
Pensions protest at Dalton McGuinty’s Ottawa constituency office Place HolderJoin the ‘Protect your Pensions’ rally Sept. 6 August 17, 2012 Join the campaign to stop the theft of your pension by joining Region 3 and 5 executive board members at a rally outside the 4th Annual Ontario Liberal Women’s Caucus Golf tourney. Liberals threaten pensions…
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CAAT Retiree Benefits Myth Busters!
A joint communication from the Union members of the CAAT Academic and Support Joint Insurance Committees and the OPSEU CAAT Retiree Group Insurance Advisory Committee Download this Q & A In the early 2000’s OPSEU was directly involved in helping create the CAAT Retiree benefit plan and through the CAAT Academic and Support collective agreements,…
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Pensions for most OPSEU members under attack
Liberals threaten pensions for most OPSEU members OPSEU members, Pensions for most of you could take a significant hit if the Ontario government goes ahead with threatened changes to pension plans. You need to read this entire message if you are a member of one of these four pension plans: Colleges of Applied Arts and…
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Canada’s ten largest pension funds provide the strongest retirement income in the world, study concludes
Your pension at work Results from a landmark study were released in June 2013. This study shows the impact the top ten pension funds in the country, which include OMERS, HOOPP and OPTrust, have on the Canadian economy. Collectively, these pension plans hold over $700 billion in assets, $400 billion of which are invested in…
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Join the ‘Protect your Pensions’ rally Sept. 6
Join the ‘Protect your Pensions’ rally Sept. 6 Click here to download .pdf file
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HOOPP 2012 Annual Report
Health Care HOOPP releases 2012 Annual Report March 25, 2013 HOOPP releases their 2012 Annual Report Thought Change. Highlights include: The funds' assets grew from $40.3 Billion to $47.4 Billion in 2012. This represents a 17.1% growth and the Fund's highest rate of return in 10 years. HOOPP remains fully funded at 104%. For details…
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Backgrounder: Pensions for most OPSEU members under attack
Facts on McGuinty Liberals' pension grab Premier Dalton McGuinty and Finance Minister Dwight Duncan are looking for ways out of Ontario’s financial trouble. And instead of looking to corporations to pay their fair share of taxes, they’re looking to members of Ontario’s larger jointly-sponsored pension plans. That means most OPSEU members. Cloaked in talk of…
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Become a Union Trustee for the Healthcare of Ontario Pension Plan
HOOPP Trustee Search October 3, 2011 The Pension Liaison Committee invites all OPSEU members in the Healthcare of Ontario Pension Plan (HOOPP) to apply for the position of Union Trustee. With the challenges facing defined benefit pension plans, we need people who have a firm and deep commitment to the labour movement and Union principles,…
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Education – September 22 – Distribution methodology endorsed for Simcoe County District School Board Insurance Trust surplus
September 22, 2011 September 22, 2011 OPSEU is pleased to inform all current and former members of Local 330 who participated in the Simcoe County District School Board Insurance Trust between January 1, 1977 and September 30, 2006, that the courts have endorsed the methodology developed to distribute OPSEU"s portion of the surplus from the…
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OMERS Plan to Reduce Deficit
OMERS Sponsors Corporation approves plan changes to address deficit July 7, 2010 The Sponsors Corporation of the Ontario Municipal Employees Retirement System (OMERS) has approved temporary changes to support the funded status of the OMERS Primary Plan: A three-year contribution rate increase for both members and employers, beginning in 2011, following the filing of the…
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OPSEU Pension Trust: January 26, 2010 change to the OPSEU Pension Trust buyback rules
Attention OPSEU Pension Trust Members: January 26, 2010 OPSEU and the Government of Ontario have approved a change to the OPSEU Pension Trust buyback rules. The change creates a new “open option” for eligible members to buy back credit after the plan’s normal 24-month application deadline has expired. As a result, members who missed OPTrust’s…
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General Sector: E-mail the Premier about retiree benefits
On February 18, 2014 OPSEU members were shocked to learn that the Wynne Liberals will force members of the OPSEU Pension Trust to pay more for extended health benefits when they retire. This includes OPSEU members in AGCO who were divested out of the OPS and have a pension with OPTrust. The government did not…
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Email the Premier about Retiree Benefits
On February 18, OPSEU members were shocked to learn that the Wynne Liberals will force members of the OPSEU Pension Trust to pay more for extended health benefits when they retire. This includes OPSEU members working for the LCBO. The government did not consult with OPSEU and no negotiations of any kind took place. This…