HAPPY INTERNATIONAL WOMEN'S DAY!
IN THIS ISSUE
Pension Fund Update
Check your emails! You should have received an email from Ben Heyde regarding bargaining.
Please take a moment to complete the bargaining survey that was sent by Ben Heyde. It is important that you have a voice so that CORFA can best represent what our members find most important during bargaining. Every member has a chance to be heard. Bargaining has continually improved the working environment for union employees. A few of the successes that have arisen from collective bargaining include:
- fair wages
- fair workloads
- proper training
- improved health and safety
- improved grievances processes
- job security
- academic freedom language
Read a recent story surrounding the new collective bargaining agreement from Confederation College in Ontario.
Need more information? Check out the article from the Canadian Unionized Labour on the Benefits of Collective Bargaining.
Read our current Collective Agreement.
- 26,800 Members
- Active: 13,800
- Retired: 7,000
- Deferred: 5,800
Average Years of Active Service: 20
Average Lifetime Pension in Pay: $22,300 (median = $20,150)
Total: 4.6 Billion
- 1 year – 7.3%
- 5 year – 9.7%
- 10 year – 6.6%
- 20 year – 7.2%
- Excess Interest Transfer
- Risk Review
- Oversight of Agents
FPSE Trustees play an active role both with the College Pension Board and within the family of plans. They are well respected within the family of plans and the labour-side pension community.
As plan partners, what questions do you have? What are your expectations vis-a-vis the trustees and their work? Contact Joan – firstname.lastname@example.org
Unions are F@$%^@ Great!
CORFA Executive Members