MONTREAL, May 1 /CNW Telbec/ - The Quebec Superior Court will deliver its
ruling on Monday, May 4, regarding whether or not AbitibiBowater must meet its
contractual obligations to provide negotiated pension improvements, beginning
May 1, to members of the Communications, Energy and Paperworkers Union.
CEP Secretary-Treasurer Gaétan Ménard notes that the employer wants to
renege on negotiated provisions to allow retirement at age 57. "Employees have
been paying higher premiums toward this goal, and to think that their
investment could now go to pay off the banks is an outrage," he says.
Also on Monday, the Quebec Superior Court will deal with a separate
motion from AbitibiBowater that it be allowed to suspend pension payments
towards it unfunded liabilities. This second motion impacts on current and
former employees who are collecting a pension.
For further information:
For further information: Gaétan Ménard, CEP Secretary-Treasurer, (819)
775-6980; Dave Coles, CEP President, (613) 299-5628