CUPE Nova Scotia encouraged by talk of province-wide pension plan



    HALIFAX, Oct. 17 /CNW/ - The president of CUPE Nova Scotia, Danny
Cavanagh, says his union is encouraged by reports today of a possible,
province-wide pension plan for workers who currently don't have one.
    "In fact," says Cavanagh, "this is exactly the kind of idea we presented
to the provincial panel when we made our submission to them."
    Says Cavanagh, "In our hearings with the Panel, and in briefs presented
by both CUPE and the Nova Scotia Federation of Labour, we spoke in support of
their consideration of new models and structures that would extend defined
benefit pension coverage to workers and employers that currently are unwilling
or unable to establish new plans."
    "We even described in some detail the Multi Sector Pension Plan (MSPP), a
highly successful plan started by CUPE and SEIU in Ontario and now being used
by small employers across the country," he says.
    "What we would not want to see," says Cavanagh, "is Nova Scotia going the
route that both B.C. and Alberta appear to be going down which is a 'defined
contribution' model, which the stock market meltdown should more than
demonstrate to people why these types of pension plans are a disaster for
workers."
    Cavanagh says the Canadian Labour Congress is about to release a
statement on the financial crisis that will reiterate the labour movement's
position on an expanded public pension system.
    Information about the Multi Sector Pension Plan is available at
www.mspp.ca.




For further information:

For further information: Danny Cavanagh, President, CUPE Nova Scotia,
(902) 957-0822 (Cell); John McCracken, CUPE Communications Rep., (902)
455-4180 (o)

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Canadian Union of Public Employees - Atlantic Region

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