DAYS SINCE WE BEGAN THE BARGAINING PROCESS. WE ARE UNITED AND WE WILL MAKE CHANGE.

Policy Grievance – Failure to Adhere to Safety and Security Protocol

We wish to advise you that a policy grievance, CHQ-Rouge-20-03, has been filed for Air Canada’s failure to adhere to Safety and Security Protocol.  This is resulting from the company’s request to some of our members to pick up “magical moments” packages left unattended in the crew room to transport through security and customs for delivery to passengers aboard the aircraft.   Please click HERE to view the grievance form.  We ask that you reach out to your union if you’ve been requested to do this by the company at any point by emailing i.jovic@accomponent.ca.

In Solidarity,

Wesley Lesosky
President, Air Canada Component of CUPE

Traumatic Events

With the unfortunate accident in Iran that has impacted many communities, families and flight attendants across the world, we wanted to take the time to let you know we’re here to support you.

Many of our members are from all over the world, including the Middle East.  We should embrace our differences and understand the impact that this has on each of us as individuals.  Working in the airline industry has daily challenges, and sometimes even emotional ones.  These events took the lives of many Iranian Canadians and Canadians alike.

To help, we have linked some suggestions on how to cope after a traumatic event, Click Here.

Please reach out anytime, we are always here,

Wesley Lesosky
President
Air Canada Component of CUPE
w.lesosky@accomponent.ca
Mary Keough
Chairperson
Air Canada Component EAP Committee
eap@accomponent.ca

Are you getting the most out of your pension plan?

*** This bulletin is directed to those hired after November 7, 2011 ***

Employees hired after November 7, 2011 at both Air Canada Mainline and Air Canada Rouge are enrolled in a Hybrid Pension Plan. The Hybrid Plan is a combination plan, which contains a Defined Benefit (DB) portion and a Defined Contribution (DC) portion.

For the DB portion you contribute 2.0%, 2.5% or 3.0%, depending on your years of continuous service. The Company contributes the amounts necessary to ensure that the funding of the plan meets the requirements of the Pension Benefits Standards Act and its regulations at all times. You earn DB retirement benefits based on a pre-determined formula using your allowable service and compensation. There are no investment decisions to make on this portion as the employer is responsible for any investment risk.

The DC portion is based on a combination of employee and employer contributions. This is where a decision is necessary on your part. Depending on your years of service, you get to set your level of pension contribution between 1.5% to 3% and the employer matches this between 100% to 175%, also depended on years of service.  In order to maximize your DC portion, you should be contributing the maximum you can since the employer matches your contributions and if you’re contributing less, you’re losing out on money.

Let’s take a member with 5 years of service earning $40,000 per year. This employee has the option of contributing 1.5%, 2%, or 2.5%. The employer at this stage matches contributions at 175%. The below table outlines the DC Investment at each contribution level.

 Contribution Level  1.5%  2.0%  2.5%
Employee Contribution   $600  $800  $1,000
Employer Contribution   $1,050  $1,400  $1,750
 Total DC Investment  $1,650  $2,200  $2,750

As outlined in the above scenario, the member could be losing up to $700 per year in employer contributions if they are not maxing out their contribution. In order to update or check your DC contribution level, login to your Manulife account, under the “My Account” heading select “View/Change My Payroll Deduction Amount”.

In Solidarity,

Your Component Pension Committee