We’ve heard from many APSA members over the last week and we would like to address your concerns.
The Pension Plan’s current voting structure is such that every employee group (APSA, CUPE and the Poly Party) must vote in favour to make any changes to the plan.
This means, even though a large majority of CUPE and APSA members are in favour of the plan changes, Poly Party’s membership voting "No" defeats the plan changes.
However, APSA members voted strongly in favour of the improved pension plan. As a result, APSA has charged its Pension Advisory Committee with the mandate of investigating ways to move forward in order to get APSA members the pension plan improvements they voted for.
We look forward to sharing more news with you in the New Year.
