With the transfer from active contributors to the Public Service Pension Plan complete some of our members have been approached with the “opportunity” to cash out their defined benefit pension plans and invest this money with a local financial advisor or investment advisor.
After over a year of delays from NRC, PIPSC and RCEA met with the employer on Thursday December 13th. The employer had not yet received their mandate, and therefore the discussion was somewhat limited but productive nonetheless. High level conversations covered each side's concerns.
Your Bargaining Team is pleased to announce that on December 14, 2018 a Tentative Agreement was signed with the Employer, completing this round of negotiations. The new agreement will be four years, expiring June 20, 2022. The economic increases are: