Pensions

Toronto, ON April 19,2023–  After several attempts by different political parties, including the NDP, essential pension protection legislation is passed by the Senate. The “Act to Amend the Bankruptcy and Insolvency Act”, also known as the pension protection Act, legislation that the International Association of Machinists and Aerospace Workers (IAMAW) have advocated for decades will finally prioritize workers in cases of bankruptcy and insolvency. The Act would apply to provincially

Do you have an outstanding pension benefit? Did you ever work at an employer represented by the IAM? You may be entitled to a pension plan benefit. The IAM Labour-Management Pension Plan and the IAM Multi-Employer Pension Plan have money set aside for outstanding payment to pension plan members. If you think you may be entitled to a payment, please email us at iammember@iampension.ca

Toronto, ON – At a time when income is stagnating and most household budgets are stretched to the limit, saving for retirement is incredibly challenging. Without a secure and decent public pension system to rely on, many Canadians are in a precarious situation when it comes to planning for retirement. Common Wealth, an organization that advocates for strengthening the public pension system, and offering the first collective retirement plan for