Year End Pension Report, 2020

2020 has certainly been an interesting year. Over the course of the year we have seen two hundred and seventy-nine hourly members begin their retirement. We would like to wish them all the best in their retirement and future endeavours. Unfortunately, for those members who have recently retired, we are unable to hold a function to recognize them. This is due to the ongoing closure of the Retiree Centre, which began in March 2020 with the COVID-19 restrictions.

A few points of note:

1. The ASR Trust, which handles retiree benefits, recently sent out a questionnaire asking retiree’s which services they most commonly use. This is an effort by ASR Trust to ensure that members are receiving benefits for services most commonly used and evaluating areas to increase coverage.
2. Recently retired members who opted for the Commuted Value pension who would like to continue to pay Retiree Union Dues ($2 / month) must go to the hall to address this payment.

Congratulations to those who have transitioned into retirement over the last year!

Happy Holidays and Happy New Year!

Jordan Lennox, Pension Representative + Ken Maclean, Alt. Pension Representative

 

 

Issued by,
Jordan Lennox, Pension Representative
In-plant : 905-641-6443
Union Hall 905682-2611 x 232
Cell: 905-246-0384
E Mail: Jordan.Lennox@GM.com