CAW, IAMAW and CALDA Reach Tentative Agreement with Air Canada, Protecting Pensions

    TORONTO, June 9 /CNW/ - After weeks of intense negotiations three unions
- CAW, IAMAW and CALDA - have reached a tentative agreement with Air Canada.
The agreement was reached with the assistance of federal government appointed
mediator Justice James Farley whose mandate was to help the unions solve
challenges related to pension funding.
    Included in the portion on pensions is an agreement with Pionairs, the
group representing more than 15,000 retired Air Canada workers.
    "We went into these negotiations with the goal of protecting our
pensions, our collective agreements and job security without making
concessions and we've been successful," explained IAMAW District 140 President
and Directing General Chairperson Chuck Atkinson.
    The agreement includes a 21 month past service funding deferral on the
pension plan and a number of non-monetary improvements meant to address
work-life issues. The Defined Benefit pension plan remains intact with
benefits protected and no other concessions were made.
    "Our primary aim was to protect the future of our employees and retirees,
and this has been achieved by safeguarding the pension plan and the collective
agreement," said CAW Local 2002 President Leslie Dias.
    The CAW's current collective agreement expired on May 31 and the
agreement with the IAMAW and CALDA both expire at the end of this month.
    "All of the unions recognized the financial challenges faced by Air
Canada and showed determination to make progress for their members, even
during difficult times," said Peggy Nash, assistant to the CAW National
    CALDA represents 70 flight dispatchers, the CAW represents 4,500 customer
service agents and the IAMAW represents 12,300 technical, maintenance and
operational support workers.

For further information:

For further information: please contact CAW Communications Director,
Shannon Devine, (cell) (416) 302-1699; or IAMAW Communications Director, Bill
Trbovich, (cell) (416) 735-9765

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Canadian Auto Workers Union (CAW)

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