Tentative Deal Details Emerging
By 250 News
Wednesday, July 09, 2008 04:05 AM
Prince George, B.C. - Details of the tentative agreement between the Communications, Energy and Paperworkers Union and the Canfor Pulp Limited Partnership are emerging. (see previous story )
The four year package for the Intercon and P.G. Pulp workers would see wage increases of 2%, 2.5%, 2.5% and 3% in each of the 4 years.
Other highlights of the package include severance increase to 2 weeks for the first 20 years and a cap of 52 weeks. A pension bridge at 55 to pay from 60 -65, and increases in life; accidental death and dismemberment; and long term disability benefits.
The full package will be outlined to workers before the ratification vote which is expected next week. This package is expected to be the model for all settlements for the 6,000 pulp company workers in B.C.
Previous Story - Next Story
Return to Home
Now...on with the dance!