Elk Falls Workers

Campbell River B.C.

CEP to represent Hourly Retirees at CCAA hearings…

Last week Justice Sewell granted a CEP application to represent unionized retirees at the CCAA hearings against Catalyst Paper. The CEP is now the authorized representatives of former members (retirees) who were now entitled to ongoing benefits from the Company.

The Pulp & Paper Industry Pension Plan is fully funded so monthly pension cheques are not in danger.

The benefits that aren’t secure are bridging, MSP, retiree extended health benefit payments, as well as top up pension benefits for some past members who were offered an incentive to retire.
Catalyst has met all it’s commitments up to this point in the process.

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March 13, 2012 Posted by | - Benefits | 2 Comments