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Friday July 25 2014
Thursday November 28 2013
Friday October 18 2013
Thursday October 10 2013
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Latest Content
Monday September 15 2014
Before going over the recent developments regarding our pension plan, I would like to remind you of the principles that guide the Union in all of its discussions regarding the plan, whether with Canada Post or with the Office of the Superintendent of Financial Institutions (OSFI). These principles are as follows:
Friday July 25 2014
The Facts Contrary to what you might have read on social media and elsewhere, the Union is not in consultation with the Corporation to deal with problems, real or imagined, facing the CPC pension plan or the Corporation’s inability to meet its funding obligations. Further, the Union’s participation in the Federal Government’s consultation on Target Benefit Plans in the federal sector is only tangentially connected to our concerns over Canada Post’s plans for our Defined Benefit Plan.
Wednesday April 9 2014
In a letter dated February 17, 2014, the Office of the Superintendent of Financial Institutions (OSFI) wrote the following in response to our letter dated January 29th: “Canada Post has recently offered a meeting with all collective bargaining agents and with the Pension Advisory Council that will cover the topics of funding relief, financial projections for the Plan as a result of the relief, and Canada Post’s role as plan administrator.”
Friday February 28 2014
After weeks of phone calls, letters and meetings between CUPW, Office of the Superintendent of Financial Institutions (OSFI) and Canada Post, OSFI has agreed to lift the restrictions on payments of commuted values from the Canada Post Pension Plan. They have imposed new restrictions which will allow members to withdraw the commuted value of their pension, but force Canada Post to pay a deposit of 40% of each withdrawal into the Canada Post Pension Plan.
Thursday February 6 2014
The Canada Post Pension Plan has been notified by the Office of the Superintendent of Financial Institutions (OSFI) that the administrator may not transfer moneys out of the pension plan or purchase immediate or deferred life annuities without the prior consent of OSFI. OSFI is the independent regulator who oversees pension plans to ensure compliance with the Pension benefits Standards Act (PBSA) and its regulations.
Thursday November 28 2013
On November 27, 2013 the Union was notified by Canada Post management that they are once again implementing a unilateral increase in pension contributions for employees. According to the notice the employee contribution rate will increase another 0.6 per cent of pensionable earnings. This is in addition to the 0.7 per cent increase that was unilaterally implemented by CPC effective July 1, 2013.
Thursday November 28 2013
The time has come to ensure workers have more financial security when they retire. An expanded Canada Pension Plan/Quebec Pension Plan (CPP/QPP) would do just that. Small increases in contributions would effectively double CPP/QPP benefits upon retirement.
Friday October 18 2013
The federal government has reached an agreement with the European Union (EU) on the Comprehensive Economic and Trade Agreement (CETA). A leaked document indicates that CETA only partially protects postal services. Reports to date indicate that the agreement may also: • Unfairly restrict how local governments spend money and ban “buy local” policies. • Add up to $3 billion to the price of drugs. • Increase Canada’s trade deficit with Europe, leading to significant job losses. • Undermine protections for health care and culture. • Create pressure to increase privatization of local water systems, transit and energy. • Allow European corporations to challenge our laws, policies and programs through investor-state provisions, including environmental and health measures.
Thursday October 10 2013
Canada Post management has informed the Union that it is “prepared to meet and review all possible scenarios to resolve the matters related to the financial health of the pension plan.” As you may recall, in my bulletin dated September 19, 2013, I mentioned that in early September, we met with Canada Post and we proposed to put in place a Working Committee to address the realities of the pension plan. We made this proposal because we believe that it is essential that postal workers are entitled to a secure pension during our retirement.
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Support Postal Banking - Download and Sign the Petition
Canada needs a postal bank. Thousands of rural towns and villages in our country do not have a bank, but many of them have a post office that could provide financial services. As well, nearly two million Canadians desperately need an alternative to payday lenders. A postal bank could be that alternative. Download and sign the petition urging the Government of Canada to instruct Canada Post to add postal banking, with a mandate for financial inclusion.
Latest Content
Friday November 18 2016
Sisters/Brothers:
We are halfway through the ratification vote period, with many meetings left to take place over the next two weeks.
Thursday November 17 2016
A resource guide for the CUPW Child Care Fund documenting three success stories. It shows how the union can help CUPW members find child care solutions, and pressure governments to fund child care initiatives.
Thursday November 10 2016
Greetings, Sisters and Brothers:
Here are some updates on our CUPW Child Care Fund and some important projects!
Wednesday November 9 2016
With so much going on this year in bargaining, you may have heard less about CUPW’s other ongoing work.
Monday November 7 2016
This study, the third in a series beginning in 2014, reveals the most and least expensive cities for child care in Canada.
Thursday November 3 2016
CUPW is working with Franco-Sol French Language Child Care Centre, which operates ten different locations across Windsor and Amherstburg and with Ska:na Family Learning Centre, which operates four different locations in Windsor and Sarnia. The two agencies provide a variety of flexible, high-quality programs and services to children from infancy to age 12. These include extended-hours care. All services provided are inclusive of children with special needs.
Thursday November 3 2016
In Rocky Mountain House (Red Deer), the union spearheaded a rural community development initiative to support our RSMC members. A broad cross-section of community partners came together to develop a non-profit child care centre, Community and Child Care Connections (CCCC). CCCC delivers services to children aged six months to 12, and offers extended hours care.
Thursday November 3 2016
In Fredericton, CUPW and UPCE-PSAC partnered with the Preschool Centre, a non-profit, community-based program, to develop a child care centre for infants through to school-age children. It now operates six centres across Fredericton and provides for flexible extended hours.
Thursday November 3 2016
OTTAWA – As the federal review of the post office prepares to wrap up its consultation phase, postal workers took the Liberals to task for a skewed consultation process and a task force report containing multiple factual errors and omissions. “The situation of our post office is being gravely misrepresented to the public,” Mike Palecek, the national president of the Canadian Union of Postal Workers, told the Standing Committee on Government Operations and Estimates on November 3rd.
Thursday November 3 2016
From October 24 to 28, 2016, 18 sisters and brothers from across the country met in Ottawa to lay the foundation of our national network of social
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