IATSE-2nd2018_web
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time staff who work out of the <strong>IATSE</strong> Canadian office in Toronto<br />
and coordinates with participating Locals to ensure efficient administration.<br />
In June 2006, then-President Short appointed a Retirement<br />
Committee to manage the plan’s day to day operations<br />
comprised of local representatives from the various regions in<br />
Canada. The Retirement Plan offers professional administrative<br />
support for Locals and greatly reduced management fees to our<br />
members — the direct result of negotiating on a national basis.<br />
Canadian National Retirement Plan got off to a strong start,<br />
with 2,200 members, ten participating Locals and $8.2 million in<br />
assets in 2005. By 2007, the Canadian Plan was growing at a stunning<br />
rate, with more than half of the country’s Locals participating<br />
and assets surpassing $27 million. This phenomenal growth is an<br />
example of what can be accomplished when local unions and the<br />
International work together — and it stands as a testament to the<br />
leadership and commitment of then-President Short and Local<br />
891 member Frank Haddad, who was the architect of the Retirement<br />
Plan and served as Chair of the Retirement Committee.<br />
In 2008, the Directors Guild of Canada joined the plan and<br />
it was renamed the Canadian Entertainment Industry Retirement<br />
Plan. At that time, it had more than 11,800 members<br />
with assets in excess of $67 million. Today, ten years later, there<br />
are 22,000 participants and assets total nearly $500 million.<br />
That same year, <strong>IATSE</strong> became an affiliate of the Canadian<br />
Union Advantage Benefit Program – also known as Union Savings<br />
– which offers special savings, discounts and benefits only to<br />
union members. Much like Union Plus for American members, the<br />
Union Savings program uses the purchasing power of Canadian<br />
union members to obtain money-saving benefits for the members<br />
and their families. Areas covered include mortgage consulting, accident<br />
insurance, critical illness, home and auto insurance, long-term<br />
health care insurance, cellular phones, real estate services, and a<br />
low-interest, low-fee credit Mastercard bearing the <strong>IATSE</strong> emblem.<br />
In 2011, the <strong>IATSE</strong> Canada Health Plan was launched, a<br />
superlative achievement in local cooperation to provide all Canadian<br />
members with better value for their benefit dollars. The<br />
participation of larger Locals enabled coverage for smaller Local<br />
memberships.<br />
The flexible structure of the Plan accommodates the direct<br />
participation by Canadian Locals, as well as the separate and dis-<br />
First Young Workers’<br />
Conference in 2012<br />
110