District Bulletin 40 – AIR CANADA TMOS PENSION CAP RETROACTIVITY

Arbitrator Vince Ready has ruled in favour of the Union and ordered the pension cap increase retroactive to the effective date of the Collective Agreement, April 1, 2019.

Details regarding the process and timelines for members who wish to make retroactive contributions on their eligible pensionable earnings will be communicated as they become available. Those Members who previously elected to retire under the Early Retirement Incentive Program (ERIP) are eligible for buyback, if they so choose. Read Bulletin here…