Retirement Plan

11 year fight for pension
Did you know that since the 50s, employees contributed to the pension fund but it was not endorsed by the employer? That was 11 years that employees were paying 5% of their salary but never did Notman, vice president of Canadair at the time,  want to incorporate it our collective agreements. Therefore, the fund could have been lost at anytime!
It is in 1965, with a lot of perseverance and … a strike, that the Local  finally obtained the mention of our pension fund in the collective agreement, a simple line which stated  what the employee can contribute to the pension fund for a maximum of 5% of annual salary.