Union commits to fighting for defined benefit pension plans

Diane
Diane Crocker
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Wayne Lucas said the debate over defined benefit pension plans for public sector employees is an issue between the provincial government and the Canadian Union of Public Employees Newfoundland and Labrador (CUPE NL).

And this week in Corner Brook Lucas, president of CUPE NL, said the union committed to its members to continue to fight for the plans.

“We made a firm commitment that we will stand up against any efforts whatsoever to take away our defined benefit pension plans,” said Lucas at the Greenwood Inn and Suites on Tuesday night where the union had been holding its 40th annual convention.

“We refer to our pensions as deferred wages,” said Lucas. “Pensioners also pay for the economy,” he said and noted the union has the statistics to show the amounts that are reinvested into the economy by pensioners.

He also said the union won’t get involved in the debate with boards of trade and other business groups on the issue.

The convention started Sunday and wrapped up Wednesday following an election of officers that saw Lucas retain the president’s position. About 80 delegates from locals all over the province attended.

Organizations: Canadian Union of Public Employees Newfoundland and Labrador, Greenwood Inn

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  • John q.
    May 15, 2014 - 10:49

    Good on you Wayne. Despite this sensitive issue it is the right thing to do protecting earned benefits paid for in part by public service workers. When is a deal a deal? Your right retirees have a right to expect what they paid for be honoured. Changing pension plans for life long public service workers approaching retirement is wrong. Boards of trade, Chambers of Commerce have always wanted public servants to be diminished one way or another. If it were up to that group their would be no public service.....