January 2014

Machinists Ratify First Agreement with Keewatin Air

Monday January 13, 2014     For Immediate Release     Winnipeg, MB – Members of IAM Local Lodge 2247 have ratified their first collective agreement with Keewatin Air.   The two-year agreement provides the following wage increases for Aircraft Maintenance Engineer (AME) according to their home base of operations:   Winnipeg AME – $ .55/hour in the first year and $ .50/hour in the second year Iqaluit, Churchill or

Keewatin Air Pilots Join IAM!

Monday January 13, 2014     For Immediate Release     Winnipeg, MB – Fifty pilots employed by Keewatin Air have joined IAM Local Lodge 2247. This is the second group of Keewatin employees to join the IAM – twenty-five mechanics and parts personnel were organized in 2012.   “It was quite simple really,” explained IAM District Lodge 181 Directing Business Representative Wayne Relf. “The pilots talked with the mechanics

Machinists Ratify with Wajax Power Systems

Tuesday January 7, 2014   For Immediate Release     Edmonton, AB – Members of IAM Local Lodge 1722 have ratified a new collective agreement with Wajax Power Systems Limited (formerly Waterous Power Systems) by a margin of 88 per cent.   The three-year agreement provides wages increase of 4 per cent in the first year and 4.25 per cent in the second and third year respectively. Other agreement highlights

USEFUL NUMBERS: 2014 - By Louis Erlichman

A. PENSIONS:   1.  OLD AGE SECURITY BENEFIT (Monthly, at age 65, January/2014)   $551.54     -adjusted quarterly OAS/GIS can be deferred up to 5 years (to age 70), with an increase of 0.6% for each month of deferral   2.  CANADA/QUEBEC PENSION PLAN (2014)    * Maximum Monthly Retirement Benefit at age 65 $1,038.33 [Reduction of 0.56%(CPP)/0.53%(QPP)per month for retirement 60-64;  Increase of 0.70% per month for retirement