Pensions

Mr. Clyde MacLellan Chair, Public Sector Accounting Board Dear Mr. MacLellan, The purpose of this letter is to provide comments from the Ontario Public Service Employees Union (OPSEU/SEFPO) on the Public Sector Accounting Board’s (PSAB’s) review of Section PS 3250, Retirement Benefits (“the Project”). We believe that the practical effects of these changes will be unhelpful……

In a letter to Michael Rolland, the CEO of the pension plan OMERS, OPSEU/SEFPO President Warren (Smokey) Thomas stands up for the retirement rights of part-timers and casuals, and demands ongoing worker oversight at the pension plan. Here is the full text of the letter:

Toronto – Blake Hutcheson will soon take over as the new CEO of OMERS, the pension plan that owns LifeLabs, and OPSEU President Warren (Smokey) Thomas is demanding that he put a stop to the company’s layoffs and union-busting that are leaving all Ontarians in greater danger of COVID-19. “The results have come back and……