seven-o-seven seven-o-seven REPORTER - CAW Local 707
seven-o-seven seven-o-seven REPORTER - CAW Local 707
seven-o-seven seven-o-seven REPORTER - CAW Local 707
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I hope that everyone had a great summer and an opportunity to<br />
enjoy the good things life has to offer with your families.<br />
Pensions<br />
Following are some facts we should all be aware of with respect<br />
to pensions in Canada.<br />
c Three out of five Canadian workers don’t have a pension<br />
plan in the workplace<br />
c Less than one in three Canadians can afford RRSPs<br />
c One third of Canadians between the ages of 24 and 64 have<br />
no retirement savings<br />
c 1.6 million Canadian senior citizens live in poverty today<br />
with incomes less than $16,000<br />
c CPP is administered by the federal government and requires<br />
the support of at least two-thirds of the provinces representative<br />
of at least two-thirds of the population in order to effect<br />
changes to Canada Pension<br />
A solution put forth by Harper’s Conservatives is the creation<br />
of Pooled Registered Pension Plans (PRPP). PRPPs are a form<br />
of privatization resulting in higher costs, lower savings with no<br />
guarantees and large profits for financial services.<br />
Canadians are calling for change. Canadian Labour Congress<br />
(CLC) and the Congress of Union Retirees of Canada (CURC)<br />
call for a graduated doubling of Canada and Quebec Pension<br />
Plan benefits as the best way to provide retirement security<br />
for everyone. A modest increase in contributions over a period<br />
of several years will produce thousands of dollars annually in<br />
extra benefits for workers once they retire. Doubling the CPP<br />
would cost the government nothing as premiums are paid for<br />
by both the workers and employers. Both the CLC and CURC<br />
campaigns for retirement security have the support of 84 per<br />
cent of Canadians and the majority of the provinces.<br />
Most finance ministers agreed at the June 2010 meeting that<br />
the best way forward is to increase the CPP. Alberta was not in<br />
agreement. Through MP Wayne Marsden, the NDP has crafted<br />
a private member’s bill that would double the CPP.<br />
It is shameful that our government has once again taken the<br />
side of big business on this issue and submitted its plans at the<br />
expense of current and future retirees in this wealthy country<br />
of ours.<br />
The members of Stelco – USW 1005 have been and remain<br />
locked out. Yet they remain solid. Their battle over pension<br />
issues is an ongoing one for years now.<br />
ThyssenKrupp<br />
A demonstration took place August 5th for all former Budd<br />
Canada plant members. The <strong>CAW</strong> is in court battling to save<br />
their post-retirement benefits. ThyssenKrupp in an attempt to<br />
shirk its responsibilities to its retirees is seeking to dissolve<br />
these benefits via the Bankruptcy and Insolvency Act in spite of<br />
the millions of dollars the parent company is worth. Thyssen-<br />
Krupp is a German multinational company with business ventures<br />
in 80 countries generating CDN $63 billion in sales for<br />
the fiscal year 2009-10. Some of those affected are in long term<br />
care homes, some are organ transplant recipients and on life<br />
sustaining anti-rejection medications. Shame on ThyssenKrupp<br />
Page 26 – July – September 2011<br />
Retirees’ Vice Chairperson’s Report<br />
By arnie de vaan<br />
Pensions<br />
for stooping to this level!<br />
Brothers and sisters we will soon<br />
enter negotiations and as you may<br />
note by what I have written solidarity<br />
amongst us is very important. It<br />
is my hope that when we debate issues confronting us, that we<br />
conduct them in-house and that once the membership has made<br />
its decision, we abide by it and remain united, acting as one.<br />
This is the only road to success.<br />
The next retirees’ membership meeting will take place September<br />
21st at 10:00 a.m.. Elections will take place at that meeting<br />
for two delegates to attend the National Pensioners and Senior<br />
Citizens’ Convention.<br />
Rocking Horse Draw – Fundraiser<br />
In support of Sister Pat Leaver’s medical mission to Africa,<br />
we are initiating a fundraiser. Brother Hardy Jaap, a retiree of<br />
<strong>Local</strong> <strong>707</strong> and skilled carpenter, has crafted a wooden rocking<br />
horse. He has graciously donated his time, labour and the horse<br />
itself as the prize to be drawn at the Retirees’ membership meeting<br />
at 10:00 a.m. on December 21, 2011.<br />
The rocking horse, which can be ridden, would be a welcome<br />
addition to anyone’s home and available just in time for<br />
Christmas as either a gift for your child or grandchild or even<br />
as an antiquity for your home as it also has a removable rack<br />
on its back which can be used to hold magazines or books. It is<br />
pictured at right and may be viewed at the Union Hall.<br />
The proceeds will be used by Pat Leaver to purchase the<br />
much needed supplies for her next mission to Africa, something<br />
she has been doing for the past ten years. This mission will be<br />
her sixth wherein she comforts children at the burn relief hospital,<br />
takes health and medical supplies along with financial support<br />
for schools. All her time and a great deal of her expenses<br />
have been given freely. I am proud of Sister Leaver’s works and<br />
hope you will support her mission and purchase a ticket.<br />
cost of tickets for the rocking Horse draw is $5 each.<br />
Sister leaver will sell these tickets at both General membership<br />
meetings and retirees’ membership meetings. it is<br />
also hoped that Oac will allow Pat to sell them at least once<br />
each month at the plant gates and answer any questions you<br />
may have about her mission. they may also be purchased<br />
from Elke Moorhead at the union Hall at any time.<br />
Thanks go to Brother Hardy Jaap and Sister Pat Leaver for<br />
their selfless contributions and bringing our local into a global<br />
community.<br />
Special thanks also go to Glen Crocker at J.H. French &<br />
Company Limited (800) 732-0354) for their generous contribution<br />
of the tickets. This printing company located at 293 Mary<br />
Street in Hamilton has gone above and beyond when it comes<br />
to considering the good deeds sacrificed on behalf of our <strong>Local</strong>.<br />
For this good deed alone, J. H. French has saved $100s that<br />
could be better spent on the mission itself and we thank this<br />
company from the bottom of our hearts.<br />
In Solidarity,<br />
arnie de vaan<br />
Retirees’ Vice Chair, <strong>CAW</strong> <strong>Local</strong> <strong>707</strong>