For Immediate Release
Toronto, On – The members of the International Association of Machinists and Aerospace Workers employed at Air Canada have ratified a tentative agreement with the national air Carrier.
The Machinists, the largest union at Air Canada with 12,300 members, representing technical, maintenance and operational support workers, ratified the agreement by a margin of 60.32 per cent. “The majority of the membership has spoken in favour of this agreement so we can now move forward knowing our pensions, our contract, our benefits and our jobs are protected for the next 21 months,” said IAMAW District 140 President and Directing General Chairperson Chuck Atkinson.
The agreement includes a 21 month past service funding deferral on the pension plan, clarification on work out-sourcing issues and as well as other non-monetary improvements. The Defined Benefit pension plan remains unchanged and protected. All of this was accomplished without any concessions.
Toronto, On – The members of the International Association of Machinists and Aerospace Workers employed at Air Canada have ratified a tentative agreement with the national air Carrier.
The Machinists, the largest union at Air Canada with 12,300 members, representing technical, maintenance and operational support workers, ratified the agreement by a margin of 60.32 per cent. “The majority of the membership has spoken in favour of this agreement so we can now move forward knowing our pensions, our contract, our benefits and our jobs are protected for the next 21 months,” said IAMAW District 140 President and Directing General Chairperson Chuck Atkinson.
The agreement includes a 21 month past service funding deferral on the pension plan, clarification on work out-sourcing issues and as well as other non-monetary improvements. The Defined Benefit pension plan remains unchanged and protected. All of this was accomplished without any concessions.