Air Canada has announced their intent to establish a new insurance company called AC Life Insurance Company, an initiative to further de-risk the Air Canada sponsored DB pension plans. It is a fairly complicated proposal and we are carefully considering how it could impact our plan members’ pension.
Our pension lawyer, actuary consultant, CUPE National senior pension officer and Pension Committee have been engaged from the start to assess and evaluate the proposal. We are still gathering information from the Company and it will be some time before we can provide our final assessment and analysis.
In solidarity,
Marie-Hélène Major
President, Air Canada Component of CUPE
LOU 61 – A330/A321XLR Dedicated (Blocked off) Crew Rest Seats – February 2025 Block Month (Jan. 31st – Mar. 1st, 2023)
(This applies to AC Mainline only) Letter of Understanding 61: A330 and A321XLR Crew Rest Seats On A330 and A321XLR non-crew bunk equipped aircraft operating
January 18, 2025
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