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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>

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