Charlottetown – “The Canadian Union of Public Employees (CUPE) Provincial Health Council will be kicking off our “Pension Fairness – Responsible Action” campaign against the Ghiz Government’s move to fundamentally change our Civil Service Superannuation Fund (CSSF) Pension Plan from a Defined Benefit plan to a Career Average, with conditional indexing, on Thursday morning, November 7th, 2013”, says Bill McKinnon, National Representative for CUPE.
The CUPE Provincial Health Council is made up of four (4) CUPE Health Care Locals (805, 1051, 1778 & 1779) which represent 950 health care workers in dietary, laundry, housekeeping, maintenance and other departments of the Island’s health care system.
“Along with the CUPE Local representatives we have confirmation of attendance at the press conference from the CUPE P.E.I. Division President Lori MacKay and the P.E.I. Federation of Labour President Carl Pursey, as a show of solidarity for the CUPE Health Locals and UPSE’s fight to save our CSSF Defined Benefit pension.
“The Ghiz Government’s plan to fundamentally alter our CSSF Pension goes way too far and creates a future where government employees will no longer be able to count on a guaranteed pension benefit and instead will have to hope that the financial markets can really provide the benefits that Minister Sheridan has been suggesting. That is NOT a guarantee, no matter how the government spins it.
CUPE will be providing specific details of the Alternative Member Proposal on Thursday. Our campaign will be highlighting the fact that the CUPE/UPSE option is Fair to employees, Fair to taxpayers and Responsible in its approach to the CSSF temporary funding shortfall”, concluded McKinnon.
The Press Conference will be held at the CUPE office at 26 Paramount Drive at 10:00 A.M. on Thursday, November 7th, 2013.