WABUSH, NL, Dec. 19, 2018 /CNW/ - The United Steelworkers union (USW) has established a Community Fund (Fund) that will provide OPEBS (Other Post Employment Benefit's) for the current retirees of the union at the Scully Mine. The USW will administer the Fund and the use of its assets in their sole discretion.
"This Community Fund is an important and valuable breakthrough for the former workers at Scully Mine. These workers deserve the respect and security that these benefits provide. I am very glad we could make arrangements to provide these benefits. They will make a big difference in the lives of many families," said Tony De Paulo, Assistant to the USW Director for Atlantic Canada and Ontario.
"We are pleased that plans are proceeding to reopen Scully Mine and to provide community benefits and good jobs to Labrador West," added Marty Warren, USW District 6 Director.
The benefit payments will begin on July 1, 2019.
SOURCE United Steelworkers (USW)