Oshawa Credit Union members ratify new deal! 

Tuesday November 13, 2007
For Immediate Release

Oshawa, ON – Machinist members employed by the Oshawa Community Credit Union have a new four-year collective agreement.

The 10 members of IAMAW Local Lodge 901 will receive wage increases of 2 per cent retroactive to October 1, 2007, 2 per cent in year two and three respectively and 3 per cent in the fourth year of the agreement. The agreement also provides for pension contribution increases of one per cent in each of the first three years. Other agreement highlights included additional benefits such as:

• Best Doctor’s Plan
• AD&D equal to the Life Schedule
• Critical Disease
• Paid up Life Insurance Policy
• Dependant Life Insurance
• Optional Life Insurance

The IAMAW represents more than 700,000 active and retired members in North America and administers more than 5,000 contracts in transportation, woodworking, aerospace, manufacturing and defense-related industries.

-30-

For further information:
Paul Mitchell – IAMAW District 78 Business Representative
416-225-9003/416-805-9896

Bill Trbovich – IAMAW Director of Communications
416-386-1789 ext 31/416-735-9765